Based on the data in Exercise 4-25, prepare the two closing entries for Alert Security Services Co.

Based on the data in Exercise 4-25, prepare the two closing entries for Alert Security Services Co.


Answers:

 2019
 Oct. 31 Fees Earned213
Wages Expense111
Rent Expense12
Insurance Expense10
Utilities Expense6
Supplies Expense4
Depreciation Expense3
Miscellaneous Expense2
Brenda Schultz, Capital65
31 Brenda Schultz, Capital8
Brenda Schultz, Drawing8