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

1		Adjusted	Adjusted
2		Trial Balance	Trial Balance	Income Statement	Income Statement	Balance Sheet	Balance Sheet
3		Debit	Credit	Debit	Credit	Debit	Credit
4	Cash	18.00
5	Accounts Receivable	105.00
6	Supplies	5.00
7	Prepaid Insurance	4.00
8	Land	200.00
9	Equipment	50.00
10	Accumulated Depreciation-Equipment		12.00
11	Accounts Payable		36.00
12	Wages Payable		2.00
13	Common Stock		50.00
14	Retained Earnings		208.00
15	Dividends	6.00
16	Fees Earned		224.00
17	Wages Expense	109.00
18	Rent Expense	10.00
19	Insurance Expense	8.00
20	Utilities Expense	6.00
21	Supplies Expense	2.00
22	Depreciation Expense	4.00
23	Miscellaneous Expense	2.00
24		$532.00	$532.00
25	Net income (loss)

CHART OF ACCOUNTSAlert Security Services Co.General Ledger

	ASSETS
11	Cash
12	Accounts Receivable
13	Supplies
14	Prepaid Insurance
15	Land
17	Equipment
18	Accumulated Depreciation-Equipment

	LIABILITIES
21	Accounts Payable
22	Wages Payable

	EQUITY
31	Common Stock
32	Retained Earnings
33	Dividends
34	Income Summary

	REVENUE
41	Fees Earned

	EXPENSES
51	Wages Expense
52	Rent Expense
53	Insurance Expense
54	Utilities Expense
55	Supplies Expense
56	Depreciation Expense
57	Miscellaneous Expense Prepare the closing entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles.