Creative Images Cooters its nervioon to individuals desiring to improve their personal images. Anter the accounts have been adjusted at July 31, the end of the local you, the following balances were taken from the ledger of Creative Images Co. $930.000 11,000 707 900 Violet Lozano, Capital Violet Lozano, Drawing Fees Eamed Wages Expense Rent Expense Supplies Expense Miscellaneous Expense 482,000 72,000 11.900 14,300 Required: Required: Journalize the two entries required to close the accounts. Refer to the chart of accounts for the exact wording of the account witles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered. Chart of Accounts CHART OF ACCOUNTS Creative Images Co. General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 13 Prepaid Rent EXPENSES 14 Supplies 51 Wages Expense 52 Rent Expense LIABILITIES 53 Supplies Expense ons art of Accounts EXPENSES 13 Prepaid Rent 14 Supplies 51 Wages Expense 52 Rent Expense 53 Supplies Expense 54 Miscellaneous fxpense LIABILITIES 21 Accounts Payable 22 Wages Payable 23 Unearned Fees EQUITY 31 Violet Lozano, Capital 32 Violet Lozano, Drawing Instructions Journal Journalire the two entries required to close the accounts. Refer to the chart of accounts for the exact wording of the account files. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW Journals will automatically indent a credit entry when a credit amount is entered PAGE 11 JOURNAL ACCOUNTING EQUATION POST.RU DERIT DATE ASSETS CREDIT LIABILITIES EQUITY DESCRIPTION Closing Entries 1 2