The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccount Name Debit Credit Debit Credit Jason Jamison, Capital 30,000 Jason Jamison, Drawing 1,500 Fees Income 26,000 Salaries Expense 10,400 Rent Expense 1,000 Supplies Expense 400 Utilities Expense 500 Depr. Exp. −Equip. 850 Totals 13,150 20,000 41,650 34,800 Net Income 6,850 6,850 20,000 20,000 41,650 41,650 Prepare the closing entries for Jamison Company on October 31, 2019.Record entry to transfer expenses to income summary. Date General Journal Debit Credit Oct 31, 2019 Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer net income or net loss from income summary to capital. Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer drawings to capital account. Date General Journal Debit Credit Oct 31, 2019