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Closing Entries Print Item After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from

Closing Entries Print Item After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Beautifying Landscaping Co.: Retained Earnings Dividends $858,800 23,000 Fees Earned 712,610 Wages Expense I 485,200 Rent Expense 116,400 Supplies Expense 43,670 Miscellaneous Expense 14,555 Journalize the four entries required to close the accounts. If an amount box does not require an entry, leave it blank. May 31 Close revenues May 31 Close expenses 000 Journalize the four entries required to close the accounts. If an amount box does not require an entry, leave it blank. May 31 Close revenues May 31 Close expenses May 31 Close income/loss May 31 Close dividends 000000

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