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Test Three Question 2 (of 4) 2. value: 13.00 points On December 31, the adjusted trial balance of Laura's Laundry Service contained the following account

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Test Three Question 2 (of 4) 2. value: 13.00 points On December 31, the adjusted trial balance of Laura's Laundry Service contained the following account balances Cash 42,300 Laura Bow, Drawing $18,000 12,000 Laundry Service 125,000 Salaries Expense 60,000 32,000 Utilities Expense Accounts Receivable 200,000 Revenue Supplies Equipment 2,700 Depreciation Expense 12,000 97,000 13,000 49,500 Telephone Expense 10,000 Supplies Expense Accumulated Depreciation Accounts Payable Laura Bow, Capital 9,500 Prepare the four (4) closing entries for Laura's Laundry Service on December 31. Debit Credit

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