Exercise 4-8 (Algo) Preparing and posting closing entrles LO PZ Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). (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 as the date. Complete this questions by entering your answers in the tabs below. Prepare closing journal entries from the above ledger accounts. Journal entry worksheet D Record the entry to close revenue accounts. Nale: En lei de Dib De Tale cedis. Exercise 4-8 (Algo) Preparing and posting closing entrles LO P2 Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). (a) Prepare closing journal entries from the above ledger accounts. (b) Post the entries from Requirement (ai) to the General Ledger accounts below. Use the transaction number from Requirement ia as the date. Complete this questions by entering your answers in the tabs below. Prepare closing journal entries from the above ledger accounts. Journal entry worksheet Record the entry to close expense accounts. Nale: Enler debiz Defaie creais. Exercise 4-8 (Algo) Preparing and posting closing entrles LO PZ Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). |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 as the date. Complete this questions by entering your answers in the tabs below. Prepare closing journal entries from the above ledger accounts. Journal entry worksheet Record the entry to close income summary account. Nale: Enler debis Defare credis. Exercise 4-8 (Algo) Preparing and posting closing entrles LO P2 Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). (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. Prepare closing journal entries from the above ledger accounts. Journal entry worksheet Record the entry to close the withdrawals account. Nale: Enlei debiz Defare creails. Exercise 4-8 (Algo) Preparing and posting closing entrles LO PZ Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). (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 ia as the date. Complete this questions by entering your answers in the tabs below