After the accounts have been adjusted at July 31, the

After the accounts have been adjusted at July 31, the end of the fiscal year, the following balances were taken from the ledger of Rabbit Delivery Services Co.:

Sherry Kerney, Capital                       $730,000

Sherry Kerney, Drawing                         20,000

Fees Earned                                           515,000

Wages Expense                                    480,000

Rent Expense                                          75,000

Supplies Expense                                   12,100

Miscellaneous Expense 4,000

Journalize the four entries required to close the accounts.