Closing entries from an end-of-period spreadsheet Instructions Chart of Accounts Journal Instructions 2 Trial Balance Trial Balance Income Statement Balance Sheet . Income Statement Credith 3 Account Title Debit Credit Debit Debit 4 Cash 18.00 $ Accounts Receivable 105.00 6 Supplies 5.00 7 Prepaid Insurance 4.00 8 Land 200.00 50.00 12.00 Equipment 10 Accumulated Depreciation-Equipment 11 Accounts Payable 12 Wages Payable 13 Brenda Schultz, Capital 14 Brenda Schultz, Drawing 36.00 200 258.00 6.00 15 Fees Earned 224.00 109.00 10.00 8.00 16 Wages Expense 12 Rent Expense 18 Insurance Expense 19 Utilities Expense 20 Supplies Expense 21 Depreciation Expense 22 Miscellaneous Expense 6.00 5.00 4.00 2.00 15 $532.00 $532.00 Chart of Accounts CHART OF ACCOUNTS Alert Security Services Co. Alert Security Services Co. General Ledger ASSETS REVENUE Alert Security Services Co. 11 Cash 41 Fees Earned 12 Accounts Receivable End-of-Period Spreadsheet For the Year Ended October 31, 2019 13 Supplies EXPENSES 14 Prepaid Insurance djusted 51 Wages Ex Adjusted 15 Land 52 Rent Expense al Balance Trial Balance S 53 Insurance Expense 16 Equipment 17 Accumulated Depreciation-Equipment Debit 54 Utilities Expense Credit 55 Supplies Expense 18.00 LIABILITIES 105.00 21 Accounts Payable 22 Wages Payable 56 Depreciation Expense 57 Miscellaneous Expense 5.00 4.00 200.00 EQUITY 50.00 31 Brenda Schultz, Capital 32 Brenda Schultz, Drawing 33 Income Summary 12.00 36.00 2.00 258.00 Journal Prepare the two closing entries for Alert Security Services Co. Refer to the Chart of Accounts for correct wording of account titles. PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. REF DEBIT DESCRIPTION Closing Entries CREDIT 1 ASSETS LIABILITIES EQUITY 2 3 3 8 9 10