After the accounts have been adjusted on January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company Line Item Description Amount Retained Earnings $353,750 Dividends 7,500 Fees Earned 121,590 Wages Expense 47,360 Rent Expense 16,650 Supplies Expense 14,710 Miscellaneous Expense 1,550 Journalize the two entries required to close the accounts If an amount box does not require an entry, leave it blank Date Account Debit Credit Jan 31 Common StockDividendsFees EarnedRetained EarningsWages Expense Select Select CashCommon StockDividendsFees EarnedWages Expense Select Select CashCommon StockDividendsFees EarnedRent Expense Select Select CashCommon StockDividendsFees EarnedSupplies Expense Select Select CashCommon StockDividendsFees EarnedMiscellaneous Expense Select Select CashCommon StockDividendsFees EarnedRetained Earnings Select Select Jan 31 DividendsRent ExpenseRetained EarningsSupplies ExpenseWages Expense Select Select Common StockDividendsFees EarnedMiscellaneous ExpenseRent Expense Select Select

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Posted on Oct 22, 2024

After the accounts have been adjusted on January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's

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

Line Item Description	Amount
Retained Earnings	$353,750
Dividends	7,500
Fees Earned	121,590
Wages Expense	47,360
Rent Expense	16,650
Supplies Expense	14,710
Miscellaneous Expense	1,550

Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank.

Date	Account	Debit	Credit
Jan. 31	Common StockDividendsFees EarnedRetained EarningsWages Expense	- Select -	- Select -
	CashCommon StockDividendsFees EarnedWages Expense	- Select -	- Select -
	CashCommon StockDividendsFees EarnedRent Expense	- Select -	- Select -
	CashCommon StockDividendsFees EarnedSupplies Expense	- Select -	- Select -
	CashCommon StockDividendsFees EarnedMiscellaneous Expense	- Select -	- Select -
	CashCommon StockDividendsFees EarnedRetained Earnings	- Select -	- Select -
Jan. 31	DividendsRent ExpenseRetained EarningsSupplies ExpenseWages Expense	- Select -	- Select -
	Common StockDividendsFees EarnedMiscellaneous ExpenseRent Expense	- Select -	- Select -