On December 31, after adjustments, Gonzalez Company's ledger contains the following account balances: 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Rent 141 Equipment 32,200 Dr. 16, 300 Dr 2, 500 Dr 39,100 Dr. 49,000 Dr Accumulated 1,250 Cr. 7,000 Cr. 50, 620 Cr 142 Depreciation-Equip. 202 Accounts Payable 301 Emilio Gonzalez, Capital (12/1/2019) 302 Emilio Gonzalez, Drawing 401 Fees Inc?e 511 Advertising Expense 514 Depreciation Expense-Equip. 517 Rent Expense 519 Salaries Expense 523 Utilities Expense 6,700 Dr 125,200 Cr. 4, 300 Dr 850 Dr 3,100 Dr. 23,800 Dr 6,220 Dr. Required: 1. Journalize the closing entries in the general journal. 2. Post the closing entries to the general ledger accounts. Hint Be sure to enter beginning balances. Analyze: What is the balance of the Salaries Expense account after closing entries are posted? Complete this question by entering your answers in the tabs below