The following information is available for Barbara Company: Debit Credit Owner's Capital $43,000 Owner's Drawings $19,780 Sales Revenue 430,000 Sales Returns and Allowances 17,200 Sales Discounts 6,450 Cost of Goods Sold 259,720 Freight-Out 1,978 Advertising Expense 12,900 Interest Expense 16,512 Salaries and Wages Expense 45,580 Utilities Expense 15,480 Sales Revenue 430,000 Sales Returns and Allowances 17.200 Sales Discounts 6,450 Cost of Goods Sold 259,720 Freight-Out 1,978 Advertising Expense 12.900 Interest Expense 16,512 Salaries and Wages Expense 45,580 Utilities Expense 15,480 Depreciation Expense 7,740 Interest Revenue 15,480 Using the above information, prepare the closing entries for Barbara Company. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) ented When amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Dec. 31 (To close accounts with credit balances.) Debit Credit I Dec. 31 (To close accounts with debit balances.) Dec. 31 (To transfer net income to capital.) (To close drawings account to capital.)