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eBook Show Me How Print Item Instructions Chart of Accounts Journal Instructions Creative Images Co. offers its services to individuals desiring to improve their personal

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eBook Show Me How Print Item Instructions Chart of Accounts Journal Instructions 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.: $934,500 66,000 545,000 Violet Lozano, Capital Violet Lozano, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense 342,400 52,900 17,200 5,400 Required: Journalize the two entries required to close the accounts. Refer to the chart of accounts for the exact wording of the account titles. 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

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