Based on the data in Exercise 4-26, journalize the closing entries for Alert Security Services Co.

 Exercise 4-26

Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet for Alert Security Services Co.:

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B C D E A 1 Alert Security Services Co. End-of-Period Spreadsheet 2 3 For the Year Ended October 31, 20Y3 Adjusted Trial Balance 4 Income Balance Statement Sheet 5 Account Title Dr. Cr. Dr. Cr. Dr. Cr. 6 Cash 7 Accounts Receivable 8 Supplies 9 Prepaid Insurance 10 Land 11 Equipment 12 Accum. Depr.-Equipment 13 Accounts Payable 14 Wages Payable 15 Common Stock 16 Retained Eamings 17 Dividends 18 Fees Eamed 19 Wages Expense 20 Rent Expense 21 Insurance Expense 22 Utilities Expense 23 Supplies Expense 24 Depreciation Expense-Equip. 25 Miscellaneous Expense 12 103 4 190 50 7 36 1 50 210 8 213 111 12 10 4 26 517 517 27 Net income (loss) 28 32