Prepare the necessary closing entries for Dee Snyder's Barber Shop at December 31, 2019. Use the designated space in the Solution Packet. (20 points) Dee Snyder's Barber Shop Adjusted Trial Balance December 31, 2019 25,000 5,000 2,000 4,000 120,000 Cash Accounts Receivable Prepaid Insurance Supplies Equipment A/D Equipment Accounts Payable Salaries Payable Unearned Consulting Revenue Dee Snyder, Capital Dee Snyder, Withdrawals Barbershop Revenue Depreciation Expense - Equipment Supplies Expense Salaries Expense Rent Expense Insurance Expense Utilities Expense Totals 20,000 10,000 2,000 8,000 55,000 5,000 150,000 10,000 3,000 45,000 18,000 5,000 3,000 245,000 245,000