Appendix 1: Closing Entries From an End-of-Period Spreadsheet

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

Alert Security Services Co.
End-of-Period Spreadsheet
For the Year Ended October 31, 2018
	Adjusted Trial Balance						Income Statement				Balance Sheet
Account Title		Dr.			Cr.			Dr.		Cr.		Dr.		Cr.
Cash	560
Accounts Receivable	4,110
Supplies	187
Prepaid Insurance	140
Land	4,670
Equipment	1,868
Accum. Depr. - Equipment				374
Accounts Payable				1,681
Wages Payable				187
Common Stock				80
Retained Earnings				8,045
Dividends	374
Fees Earned				4,577
Wages Expense	1,121
Rent Expense	560
Insurance Expense	467
Utilities Expense	327
Supplies Expense	280
Depreciation Expense - Equip.	187
Miscellaneous Expense	93
	14,944			14,944

Prepare the closing entries for Alert Security Services Co. If an amount box does not require an entry, leave it blank.

Oct. 31 Close revenues		fill in the blank 2
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Oct. 31 Close expenses		fill in the blank 6	fill in the blank 7
		fill in the blank 9	fill in the blank 10
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		fill in the blank 27	fill in the blank 28
Oct. 31 Close income/loss		fill in the blank 30
			fill in the blank 32
Oct. 31 Close dividends		fill in the blank 34
			fill in the blank 36