Instructions Chart of Accounts Journal 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 $9,556,300 80,000 1,878,400 Wages Expense 1,415,500 Rent Expense Supplies Expense 125,000 30,600 22,100 Miscellaneous Expense 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 CHART OF ACCOUNTS Pioneer Delivery Services Co. General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 13 Supplies 14 Prepaid Rent EXPENSES 15 Land 51 Wages Expense 52 Rent Expense 54 Supplies Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Fees 23 Wages Payable Journal Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles. PAGE 11 JOURNAL DATE DESCRIPTION POST. REF. DEBIT ACCOUNTING FOLATION ASSETS LIABILITIES EQUITY CREDIT Closing Entries