Closing entries from an end-of-period spreadsheet Instructions Chart of Accounts Journal Instructions Alert Security Services Co. offers security services to business clients. Based on the end-of-period spreadsheet, prepare the two closing entries for Alert Security Services Co. Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Adjusted Income Trial Balance Trial Balance Incon Staten 2 Statement Account Title Debit Credit 3 Debit Cred 4 Cash 18.00 5 Accounts Receivable 101.00 7.00 6 Supplies 7 Prepaid Insurance 2.00 8 Land 182.00 9 Equipment 59.00 eBook Calculator Trial Balance Trial Balance Income Statement Income Statement Balance Sheet Debit Credit Debit Debit Credit Account Title 3 18.00 4 Cash 101.00 7.00 5 Accounts Receivable 6 Supplies 7. Prepaid Insurance 2.00 182.00 Land 59.00 8.00 33.00 9 Equipment 10 Accumulated Depreciation Equipment 11 Accounts Payable 12 Wages Payable 13 Brenda Schultz, Capital 14 Brenda Schultz, Drawing 2.00 253.00 700 226.00 15 Fees Earned 107.00 15 Wages Expense 11.00 11 Rent Expense 12.00 6.00 5.00 18 Insurance Expense 19 Utilities Expense 20 Supplies Expense 21 Depreciation Expense 12 Miscellaneous Expense 3.00 2.00 101.00 5 Accounts Receivable 7.00 6 Supplies 7 Prepaid Insurance 2.00 8 Land 182.00 59.00 9 Equipment 10 Accumulated Depreciation Equipment 8.00 11 Accounts Payable 33.00 12 Wages Payable .2.00 253.00 13 Brenda Schultz, Capital 14 Brenda Schultz, Drawing 7.00 15 Fees Earned 226.00 107.00 16 Wages Expense 17 Rent Expense 18 Insurance Expense 11.00 12.00 6.00 19 Utilities Expense 20 Supplies Expense 21 Depreciation Expense 5.00 3.00 22 Miscellaneous Expense 2.00 23 $522.00 $522.00 CHART OF ACCOUNTS Alert Security Services Co. General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 13 Supplies EXPENSES 14 Prepaid Insurance 15 Land 51 Wages Expense 52 Rent Expense 53 Insurance Expense 16 Equipment 17 Accumulated Depreciation-Equipment 54 Utilities Expense LIABILITIES 55 Supplies Expense 56 Depreciation Expense 57 Miscellaneous Expense 21 Accounts Payable 22 Wages Payable EQUITY 31 Brenda Schultz, Capital 32 Brenda Schultz, Drawing 33 Income Summary Journal Prepare the two closing entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles. JOURNAL POST. REF. DEBIT CREDIT DATE DESCRIPTION Closing Entries 1 2 3 4 5 6 7 8 9 10 11 12