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Journalize the entries required to close the accounts

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Question - After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company:

Harrison Taylor, Capital $349,310

Harrison Taylor, Drawing 12,850

Fees Earned 139,690

Wages Expense 41,070

Rent Expense 14,190

Supplies Expense 14,700

Miscellaneous Expense 1,780

Required - Journalize the entries required to close the accounts. If an amount box does not require an entry, leave it blank.

Reference no: EM133074855

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