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After the accounts have been adjusted at September 30, the end of the fiscal year, the following balances were taken from the ledger of Hillcrest Landscaping Co.:
Bryan Orr, Capital $854,100
Bryan Orr, Drawing 37,000
Fees Earned 571,835
Wages Expense 438,000
Rent Expense 105,100
Supplies Expense 39,420
Miscellaneous Expense 13,140
Journalize the entries below that relate to closing the accounts.
Problem 1: Make the necessary entry for the Fees Earned account.
Problem 2: Make the necessary entry for the Wages Expense account.
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