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Part 9: Prepare the closing chines an entry, leave it blank. Post. Ref. Debit Credit 0 41 40,000 4 51 O 1,705 52 o 1,600

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Part 9: Prepare the closing chines an entry, leave it blank. Post. Ref. Debit Credit 0 41 40,000 4 51 O 1,705 52 o 1,600 Date Account Name 2018 Closing Entries May 31 Fees Earned Salary Expense Rent Expense Supplies Expense Depreciation Expense Insurance Expense Miscellaneous Expense Retained Earnings 53 O 1,370 54 0 330 55 0 275 10 59 7 0 1,295 0 33,425 51 X 10,500 May 31 Retained Earnings Dividends 52 10,500 X Part 9: Prepare the closing chines an entry, leave it blank. Post. Ref. Debit Credit 0 41 40,000 4 51 O 1,705 52 o 1,600 Date Account Name 2018 Closing Entries May 31 Fees Earned Salary Expense Rent Expense Supplies Expense Depreciation Expense Insurance Expense Miscellaneous Expense Retained Earnings 53 O 1,370 54 0 330 55 0 275 10 59 7 0 1,295 0 33,425 51 X 10,500 May 31 Retained Earnings Dividends 52 10,500 X

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