Instructions After the accounts have been adjusted at December 31, the end of the focal year, the following balances were taken from the ledger of Magenta Delivery Services Co Elle Liu, Capital $8,366,300 Elle Liu, Drawing 70,000 Fees Earned 1,644,500 Wages Expense 1,239,200 Rent Expense 109,400 Supplies Expense 26.800 Miscellaneous Expense 19.300 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 entres CNOW journals will automatically indent a credit entry when a credit amount is entered