Calculator Closing entries Instruction Chart of Accounts Journal Instructions Ahor the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the lodger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Foes Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Joumalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account billes. Instructions naro ACCU Instructions Chart of Accounts AR ken from the lodger o CHART OF ACCOUNTS Pioneer Delivery Services Co. General Ledger ASSETS REVENUE 41 Fees Earned 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Rent 15 Land of accountitles EXPENSES 51 Wages Expense 52 Rent Expense 54 Supplies Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Uneamed Fees 23 Wages Payable EQUITY 31 Kerry Buckner, Capital 32 Kerry Buckner, Drawing 33 Income Summary : 2:29:49 All work saved. ctions Chart of Accounts Journal Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account res. PAGE 11 JOURNAL ACCOUNTING EQUATION DEBIT POST. REF CREDIT ASSETS EQUITY LIABILITIES DATE DESCRIPTION Closing Entries 1 2 3