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Closing Entries After the accounts have been adjusted at May 31, the end of the...

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Accounting

Closing Entries After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Haverty Services Co.: Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Supplies Expense Miscellaneous Expense $538,200 42,000 578,135 390,000 93,600 35,100 11,700 Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank. May 31
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After the accounts have been adjusted at May 31, the end of the fiscal year, the following balances were taken from the ledger of Haverty Services Co.: Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank

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