Closing Entries

After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.:

Retained Earnings	$643,600
Dividends	10,500
Fees Earned	356,500
Wages Expense	283,100
Rent Expense	56,000
Supplies Expense	11,500
Miscellaneous Expense	13,000

Journalize the four entries required to close the accounts.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Apr. 30 Close revenues	Fees Earned
	Income Summary
Apr. 30 Close expenses	Income Summary
	Wages Expense
	Rent Expense
	Supplies Expense
	Miscellaneous Expense
Apr. 30 Close income/loss
	Income Summary
Apr. 30 Close dividends
	Dividends