After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company:

Retained Earnings $360,690

Dividends 6,020

Fees Earned 123,190

Wages Expense 43,970

Rent Expense 13,460

Supplies Expense 14,580

Miscellaneous Expense 2,110

Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles.