Balance Date May 31 Services Revenue Date May 31 Depreciation Expense Date May 31 PR G2 CG CG 78,000 Account Number 302 Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). M. Muncel, Capital Dated May 31 PR Debit G2 M. Muncel, Withdrawals General Ledger Account Number 301 Credit Account Number 622 Credit Balance Salaries Expense Date PR Debit May 31 G2 39,000 Insurance Expense Account Number 637 PR Debit Credit Balance Date PR Debit Credit Balance G2 48,000 May 31 G2 4,420 Account Number 403 Rent Expense Account Number 648 PR Debit Credit Balance: Date PR Debit Credit Balance G2 137,436 May 31 62 9,440 Account Number 603 Debit Credit Balance Income Summary Date PR Debit Account Number 981 Credit Balance 17,000 (a) Prepare closing journal entries from the above ledger accounts. ces (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. Required A Required Bi Prepare closing journal entries from the above ledger accounts. View transaction list < Prev 4 of 8 www Next >