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On December 31,201, the ledger of Lopez Company contained the following account balances: All the...

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Accounting

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On December 31,201, the ledger of Lopez Company contained the following account balances: All the accounts have normal balances. Prepare the closing entries for the above transactions. Journal entry worksheet On December 31,201, the ledger of Lopez Company contained the following account balances All the accounts have normal balances. Prepare the closing entries for the above transactions. Journal entry worksheet Record the closing entry for expenses. Note: Enter debits before credits. On December 31,201, the ledger of Lopez Company contained the following account balances: All the accounts have normal balances. Prepare the closing entries for the above transactions. Journal entry worksheet Record the closing entry for the balance of income summary. Note: Enter debits before credits. On December 31,201, the ledger of Lopez Company contained the following account balances: All the accounts have normal balances. Prepare the closing entries for the above transactions. Journal entry worksheet Record the closing entry for the drawing account. Note: Enter debits before credits

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