Instructions Alert Security Services Co. offers security services to business clients. Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2017 Adjusted Adjusted Trial Balance Trial Balance Income Statement Account Title Debit Credit Debit Income Statement Credit Balance Sheet Balance Sheet Debit Credit Cash 11.00 Accounts Receivable 106.00 Supplies 700 Prepaid Insurance Land Equipment 200 184.00 54.00 Instructions Accumulated Depreciation-Equipment 11 Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing Fees Eamed 12.00 34.00 300 24700 80 200 Wages Expense 110.00 225.00 Rent Expense 1500 Insurance Expense 12.00 Utilities Expense 700 Supplies Expense 400 Depreciation Expense 200 Miscellaneous Expense 200 $521.00 $521.00 Based on the end-of-period spreadsheet, prepare the two closing entries for Alert Security Services Co. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use fines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered Chart of Accounts ASSETS 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment LIABILITIES 21 Accounts Payable 22 Wages Payable REVENUE 41 Fees Earned EXPENSES 51 Wages Expense 52 Rent Expense 53 Insurance Expense 54 Utilities Expense 55 Supplies Expense 56 Depreciation Expense 57 Miscellaneous Expense EQUITY 31 Brenda Schultz, Capital 32 Brenda Schultz, Drawing 33 Income Summary Journal 1 2 10 11 12 DATE DESCRIPTION Closing Entries JOURNAL PAGE 11 ACCOUNTING EQUATION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY