Imex Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at March 31, the end of the fiscal year, the following balances were taken from the ledger of Imex Services Co.

Margo Hoskins, Capital .......$300,000

Margo Hoskins, Drawing ........ 15,000

Fees Earned .......................... 180,000

Wages Expense ...................... 90,000

Rent Expense ........................ $40,000

Supplies Expense .................... 20,000

Miscellaneous Expense .............. 7,500

Journalize the four entries required to close the accounts.