alert Security Services Co. offers security services to business clients.

Alert Security Services Co.

End-of-Period Spreadsheet

For the Year Ended October 31, 20Y7

1		Adjusted	Adjusted
2		Trial Balance	Trial Balance	Income Statement	Income Statement	Balance Sheet	Balance Sheet
3	Account Title	Debit	Credit	Debit	Credit	Debit	Credit
4	Cash	12.00
5	Accounts Receivable	102.00
6	Supplies	3.00
7	Prepaid Insurance	2.00
8	Land	186.00
9	Equipment	55.00
10	Accumulated Depreciation-Equipment		9.00
11	Accounts Payable		35.00
12	Wages Payable		1.00
13	Brenda Schultz, Capital		251.00
14	Brenda Schultz, Drawing	6.00
15	Fees Earned		222.00
16	Wages Expense	107.00
17	Rent Expense	16.00
18	Insurance Expense	13.00
19	Utilities Expense	8.00
20	Supplies Expense	3.00
21	Depreciation Expense	3.00
22	Miscellaneous Expense	2.00
23		$518.00	$518.00

Based on the end-of-period spreadsheet, prepare the two closing entries for Alert Security Services Co. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.