On December 31, after adjustments, Gomez Company's ledger contains the following account balances: 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Rent 141 Equipment 142 Accumulated Depreciation Equipment 202 Accounts Payable 301 Andrea Gomez, Capital (12/1/2016) 302 Andrea Gomez, Drawing 401 Fees Income 511 Advertising Expense 514 Depreciation Expense-Equipment 517 Rent Expense 519 Salaries Expense 523 Utilities Expense $ 43,200 Dr. 17,400 Dr. 3,600 Dr. 40.200 Dr. 60,000 Dr. 1,800 Cr. 8,100 Cr. 61,620 CL 7.800 Dr. 153,360 Cr. 5.400 Dr. 960 Dr. 4.200 Dr. 34,800 Dr. 7.320 Dr. Journal entry worksheet 23 Prepare the closing entry for revenue. Note: Enter debits before credits. Debit Credit Date Dec 31, 2016 1 IT ANA ET Record entry View general journal Check my Account No. 301 Credit Balance Account No. 302 Credit Balance Andrea Gomez, Capital Date Debit Dec 31, 2016 Dec 31, 2016 Dec 31, 2016 Andrea Gomez, Drawing Date Debit Dec 31, 2016 Dec 31, 2016 2015 Account No. 399 Credit Balance Account No. 401 Credit Balance Income Summary Date Debit Dec 31, 2015 Dec 31, 2016 Dec 31, 2016 Fees Income Date Debit Dec 31, 2016 Dec 31, 2016 Account No. 511 Credit Balance Depreciation Expense Equipment Date Debit Dec 31, 2016 Dec 31, 2016 Advertising Expense Date Debit Dec 31, 2016 Dec 31, 2016 Account No. 514 Credit Balance Account No. 517 Credit Balance Account No. 519 Credit Balance Rent Expense Date Debit Dec 31, 2016 Dec 31, 2016 Salaries Expense Date Debit Dec 31, 2016 Dec 31, 2016 Account No. 523 Credit Balance Utilities Expense Date Debit Dec 31, 2016 Dec 31, 2016 W Analyze: What is the balance of the salaries expense account after closing entries are posted? Salaries expense