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HELP!!!! CLOSING ENTRIES Instructions After the accounts have been adjusted at October 31, the end of the fiscal year, the following balances were taken from

HELP!!!! CLOSING ENTRIES image text in transcribedimage text in transcribedimage text in transcribed

Instructions After the accounts have been adjusted at October 31, the end of the fiscal year, the following balances were taken from the ledger of Smart Delivery Services Co.: Fraser Smart, Capital Fraser Smart, Drawing Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $3,513,000 42,500 1,324,000 749,100 68,800 14,600 7,350 Journalize the four entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles

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