Closing Entries

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

Retained Earnings	$680,090
Dividends	25,000
Fees Earned	683,130
Wages Expense	444,500
Rent Expense	106,700
Supplies Expense	40,005
Miscellaneous Expense	13,335

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