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

In Exercise 4-25, Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet (work sheet) for Alert Security Services Co.

Net income(loss)

Alert Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended October 31, 2014 Adjusted Trial Balance Income Statement Balance Sheet Account Title 12 103 4 Cash Accounts Receivable Supplies Prepaid Insurance Land Equipment Accum. Depr.-Equipment Accounts Payable Wages Payable Capital Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Insurance Expense Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense 190 50 36 50 210 213 12 10 4 517 517