after the accounts have been adjusted at July 31 the end of the fiscal year the following balances were taken from the ledger of Bollinger services co.

Closing Entries After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Bollinger Services Co.: Retained Earnings $396,680 Dividends 27,000 Fees Earned 608,195 Wages Expense 388,900 Rent Expense 93,300 Supplies Expense 35,000 Miscellaneous Expense 11,665 Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank. Nov. 30 Nov. 30