Instructions After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital Kerry Buckner, Drawing Fees Earned Wages Expenso Rent Expense Supplies Expense Miscellaneous Expense $9,556,300 80,000 1,878,400 1,415,500 125,000 30,600 22,100 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Pioneer Delivery Services Co. General Ledger NKSHEET ASSETS REVENUE 41 Fees Camed 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Rent EXPENSES Jocount Miles 51 Wages Expense 52 Rent Expense 15 Land 4A.BLANKSHEET Instructions Chart of Accounts 03 54 Supplies Expense 59 Miscellaneous Expense 16 LIABILITIES 21 Accounts Payable 22 Uneamed Fees 23 Wages Payable 18 1A BLANKSHEET EQUITY 31 Kerry Buckner, Capital 32 Kerry Buckner, Drawing 33 Income Summary Hounties Instructions Chart of Accounts Journal EET Instructions Chart of Accounts Journal JOURNAL ACCOUNTING EQUATION DATE POST. REF. DENT CREDIT DESCRIPTION Closing Entries LIABILITIES EQUITY EET 3 5