Alert Security Services Co. offers security services to business clients.

Based on the end-of-period spreadsheet, prepare the closing entries for Alert Security Services Co.

Alert Security Services Co.

End-of-Period Spreadsheet

For the Year Ended October 31, 2018

Adjusted Adjusted 1 Income Income 2 Trial Balance Trial Balance Balance Sheet Balance Sheet Statement Statement Debit Credit Debit Credit Debit Credit Cash 15.00 Accounts Receivable 104.00 6 Supplies 7.00 7 Prepaid Insurance 4,00 8 Land 184.00 9 Equipment 53.00 10 Accumulated Depreciation-Equipment 10,00 11 Accounts Payable 38.00 4.00 12 Wages Payable 50,00 13 Common Stock 14 Retained Earnings 191.00 15 Dividends 5.00 16 Fees Earned 229.00 17 Wages Expense 107.00 18 Rent Expense 15.00 19 Insurance Expense 11.00 20 Utilities Expense 6.00 21 Supplies Expense 2.00 22 Depreciation Expense 4,00 23 Miscellaneous Expense 2.00 $522.00 $522.00 74 Net income (loss) 25