Instructions Stylist Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Stylist Services Co.: Marlena Fenton, Capital Marlena Fenton, Drawing Fees Eamed Wages Expense Rent Expense $930,000 11,000 519,900 472,000 66,500 11,600 Supplies Expense Miscellaneous Expense 14,000 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account bles. re the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY DESCRIPTION Closing Entries