Dated PR Debit Account Number 301 Salaries Expense Credit Balance Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). M. Muncel, Capital General Ledger Account Number 622 Balance Date PR Debit Credit May 31 G2 86,000 May 31 G2 43,000 M. Muncel, Withdrawals Date PR Debit Account Number 302 Credit Balance Insurance Expense Account Number 637 May 31 G2 56,000 Date May 31 PR Debit Credit Balance G2 4,160 Services Revenue Account Number 403 Rent Expense Account Number 640 Date PR Debit Credit Balance May 31 G2 151,532 Depreciation Expense Account Number 603 Date May 31 Income Sunnary PR Debit Credit G2 Balance 8,920 Account Number 901 Date May 31 PR G2 Debit Credit Balance Date PR Debit Credit Balance 16,000 (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. Journal entry worksheet A B C D Record the entry to close revenue accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet