Automation Services Co. offers its services to companies desiring to use technology to improve their operations. After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Automation Services:

Fees Earned	$614,500
Dividends	45,000
Rent Expense	140,000
Retained Earnings	3,250,000
Supplies Expense	18,200
Wages Expense	320,000
Miscellaneous Expense	8,700

JOURNAL Score: 92/99 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY Closing Entries 2 Dec. 31 Fees Earned 614,500.00 1 3 Rent Expense 140,000.00 1 4 Supplies Expense 18,200.00 1 5 Wages Expense 320,000.00 1 5 Miscellaneous Expense 8,700.00 1 - Retained Earnings 127,600.00 3 Dividends 45,000.00 1 Retained Earnings