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 $693,360 Dividends 29,000 Fees Earned 591,920 Wages Expense 385,200 Rent Expense 92,400 Supplies Expense 34,670 Miscellaneous Expense 11,555 Journalize the two entries required to close the accounts. If an amount box does not require an entry, leave it blank.         Nov. 30 Fees Earned  fill in the blank 2 fill in the blank 3   Wages Expense  fill in the blank 5 fill in the blank 6   Accounts Payable  fill in the blank 8 fill in the blank 9   Supplies Expense  fill in the blank 11 fill in the blank 12   Miscellaneous Expense  fill in the blank 14 fill in the blank 15   Retained Earnings  fill in the blank 17 fill in the blank 18         Nov. 30 Retained Earnings  fill in the blank 20 fill in the blank 21   Dividends  fill in the blank 23 fill in the blank 24

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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.:

Retained Earnings $693,360
Dividends 29,000
Fees Earned 591,920
Wages Expense 385,200
Rent Expense 92,400
Supplies Expense 34,670
Miscellaneous Expense 11,555

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

       
Nov. 30 Fees Earned  fill in the blank 2 fill in the blank 3
  Wages Expense  fill in the blank 5 fill in the blank 6
  Accounts Payable  fill in the blank 8 fill in the blank 9
  Supplies Expense  fill in the blank 11 fill in the blank 12
  Miscellaneous Expense  fill in the blank 14 fill in the blank 15
  Retained Earnings  fill in the blank 17 fill in the blank 18
       
Nov. 30 Retained Earnings  fill in the blank 20 fill in the blank 21
  Dividends  fill in the blank 23 fill in the blank 24
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