16 PE 4-4A Closing entries OBJ.3 After the accounts have been adjusted at October 31, the end of the fiscal year, the fol- lowing balances were taken from the ledger of Smart Delivery Services Co.: Fraser Smart, Capital Fraser Smart, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $3,550,000 40,000 ,145,000 740,000 65,000 14,750 8,800 Journalize the four entries required to close the accounts