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18 0.86 points look Hint Ask Print Saved Dividends PR Debit Credit G2 Balance $9,000 Account Number 319 Use the May 31 fiscal year-end

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18 0.86 points look Hint Ask Print Saved Dividends PR Debit Credit G2 Balance $9,000 Account Number 319 Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances Retained Earnings Date May 31 General Ledger Account Number 318 Salaries Expense Account Number 422 Credit Balance 44,500 Account Haber 437 Date May 31 Insurance Expense 29 Debit 02 PR Debit 02 Credit Balance D 58,000 Debit Credit Balance 4,160 Account Number 403 Rent Expense Account Huber 64 Debit Credit balance Dabis Credit Halance 02 PR 02 Debit Balance 16,000 Account Number 603 Income Summary Credit Date May 31 02 1,920 Debit Credit Balance Date May 31 Services Revenue Date May 31 Depreciation Expense Date May 31 (a) Prepare closing journal entries from the above ledger accounts. (b) Post the entries from Requirement (a) to the General Ledger accounts below. Use the transaction number from Requirement (a) as the date. Complete this questions by entering your answers in the tabs below. References Required A Required B Post the entries from Requirement (a) to the General Ledger accounts below. Use the transaction number from Requirement (a) as the date Date May 31 318: Retained Earnings Debit Credit Balance Date 622: Salaries Expense Debit Crudt Balance 89,000 May 31 44.500 0 Help Save & Exit Submit Check my work

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