Closing Entries After the accounts have been adjusted at May 31, the end of the focal year, the following balances were taken from the ledger of Beautifying Landscaping Co. Retained Earnings $469,800 Dividends 36,000 Fees Eamed 674,425 Wages Expense 435,000 Rent Expense 104,400 Supplies Expense 39,150 Miscellaneous Expense 13,050 Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank Nov. 30 > Nov. 30 Il