Question: EE 4-4 p. 161 PE 4-4A Closing entries OBJ. 3 After the accounts have been adjusted at October 31, the end of the fiscal year,
EE 4-4 p. 161 PE 4-4A Closing entries OBJ. 3 After the accounts have been adjusted at October 31, the end of the fiscal year, the fol- lowing balances were taken from the ledger of Smart Delivery Services Co.: Fraser Smart, Capital $3,550,000 Fraser Smart, Drawing 40,000 Fees Earned 1,145,000 Wages Expense 740,000 Rent Expense 65,000 Supplies Expense 14,750 Miscellaneous Expense 8,800 atos Journalize the four entries required to close the accounts
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