Instructions Rainbow Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at August 31, the end of the fiscal year, the following balances were taken from the ledger of Rainbow Services: Retained Earnings $930,000 Dividends 13,200 Fees Earned 523,500 Wages Expense 477,200 Rent Expense 71,000 Supplies Expense 11,440 Miscellaneous Expense 14,250 Journal PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. RET DEBIT CREDIT ASSETS EQUITY LUBILITIES DESCRIPTION Closing Entries . 1 7 9 10 11