Closing Entries After the accounts have been adjusted at March 31 the end of the fiscal year the following balances were taken from the ledger of Cabriolet Services Co Retained Earnings 783 900 29 000 Dividends 612 350 402 000 96 500 36 180 12 060 Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense Journalize the two entries required to close the accounts If an amount box does not require an entry leave it blank Mar 31 Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense Retained Earnings Mar 31 Retained Earnings V