Journalize the two entries required to close the accounts.

After the accounts have been adjusted at January 31, the end of the year, the following balances are taken from the ledger of Harrison’s Dog Walking Service Company:

Harrison Taylor, Capital – $349,000
Harrison Taylor, Drawing – 6,000
Fees Earned – 124,600
Wages Expense- 29,000
Rent Expense – 43,000
Supplies Expense – 7,300
Miscellaneous Expense – 5,700
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Journalize the two entries required to close the accounts.

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