Closing entries with net loss Marina Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Marina Services Co.

Capital Stock .......$101,000

Retained Earnings ...... 380,000

Dividends ........ $6,000

Fees Earned ....... 217,200

Wages Expense ..... 191,900

Rent Expense ..... 45,500

Supplies Expense ..... 11,300

Miscellaneous Expense ... 5,200

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