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.