After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Magnolia Landscaping Co.:
Jayme Carmichael, Capital ......... $528,900
Jayme Carmichael, Drawing .......... 60,000
Fees Earned ............... 690,500
Wages Expense ............... 410,000
Rent Expense ............... 75,000
Supplies Expense ............. 48,650
Miscellaneous Expense ............ 19,700
Journalize the four entries required to close the accounts.