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

Data from Exercise 4-25:

Zeidman Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet (work sheet) for Zeidman Security Services Co.

Zeidman Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended July 31, 2012 Adjusted Balance Sheet Income Trial Balance Statement Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash Accounts Receivable Supplies Prepaid Insurance Land 12 89 3 4 100 Equipment Accum. Depr.-Equipment Accounts Payable Wages Payable Capital Stock Retained Earnings 40 8. 36 1 40 130 Dividends 8. Fees Earned 99 Wages Expense Rent Expense Insurance Expense Utilities Expense Supplies Expense 21 12 8. 6. 5 Depreciation Expense Miscellaneous Expense 4 2 314 314 Net income (loss)