eBook Show Me How Closing entries with net income Instructions Chart of Accounts Journal Instructions Automation Services Co. offers its services to companies desiring to use technology to improve their operations. After the accounts have been adjusted at December 31, the end of the fiscal year the following balances were taken from the ledger of Automation Services: Fees Earned Dividends Rent Expense Retained Earnings Supplies Expense Wages Expense Miscellaneous Expense $814,500 45.000 140,000 3,250,000 18,200 320,000 8,700 Isu uchons Chart of Accounts x Au De ASSETS REVENUE 41 Fees Earned 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Rent 15 Land EXPENSES 51 Wages Expense 52 Rent Expense 53 Supplies Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Wages Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends STOW Me How Journal Joumalize the clowing entries. Hetor to the Chart of Accounts for exact wording of account ates JOURNAL PAGE 1 ACCOUNTING EQUATION DATE POST.EE DERIT CREDIT ASSETS DESCUTION Closing Entries DQUITY 1 3 5 7 3