Course: Cengage x Inbox (92 emp unic Credit Ca Employe x Credit C * + engagenow.com Sessiontecat Closing Entries with Net Income Creative Images Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Creative Images Co.: Violet Lozano, Capital Violet Lozano, Drawing $920,000 12,000 Fees Earned 695,400 Wages Expense 470,000 Rent Expense 73,000 Supplies Expense 11,000 13,400 Miscellaneous Expense