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

In Exercise 4-25

Alert Security Services Co End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Trial Balance Income Statement Balance Sheet Account Title Cash Accounts Receivable Supplies Prepaid Insurance Land Equipment Accum. Depr.-Equipment Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing Fees Earned Wages Expense Rent Expense Insurance Expense Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense Net income (loss) Dr 12 103 4 Cr 190 50 36 260 8 213 12 10 4 517 517