TEEN i Saved On December 31, 2019, the Income Statement section of the worksheet for Capeletti Distributors contained the following information. Income Statement Section Debit Credit Income Summary $ 39, 600 $ 42,900 Sales 261, 500 Sales Returns and Allowances 4, 400 Sales Discounts 1, 600 Interest Income 220 Purchases 137, 200 Freight In 2, 700 Purchases Returns and Allowances 1,500 Purchases Discounts 1, 630 Rent Expense 12, 000 Utilities Expense 3, 030 Telephone Expense 1, 740 Salaries Expense 67, 100 Payroll Taxes Expense 5, 370 Supplies Expense 1, 280 Depreciation Expense 3, 000 Interest Expense 420 Totals $279, 440 $307, 750 Assume further that the owner of the firm is John Capeletti and that the John Capeletti, Drawing account had a balance of $30,700 on December 31, 2019. Prepare the entries that should be made in the general journal to close the revenue, cost of goods sold, expense, and other temporary accounts. View transaction list Journal entry worksheet 2 3 4