ter 4 Homework Saved Help Save & Exit Submit Check my work B Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). General Ledger M. Muncel, Capital Date PR May 31 G2 Acct. No. 301 Debit Credit Balance 79,000 Salaries Expense Date PR G2 Acct. No. 622 Debit Credit Balance 39,500 May 31 Book M. Muncel, Withdrawals Date PR May 31 G2 Acct. No. 302 Debit Credit Balance 44,000 Insurance Expense Date PR May 31 G2 Acct. No. 637 Debit Credit Balance 4,940 Print Services Revenue Date May 31 Acct. No. 401 Debit Credit Balance 139,198 Rent Expense Date PR G2 PR G2 Acct. No. 640 Debit Credit Balance 10,480 erences May 31 Depreciation Expense Date PR May 31 G2 Acct. No. 603 Debit Credit Balance 19,000 Income Summary Date PR Acct. No. 901 Debit Credit Balance 1. Prepare closing journal entries from the above ledger accounts. 2. Post the entries from Requirement to the General Ledger accounts below. Use the transaction number from Requirement 1 as the date. Complete this questions by entering your answers in the tabs below. Required 1 Required 2 Prepare closing journal entries from the above ledger accounts. Check my wor 3 Required 1 Required 2 Prepare closing journal entries from the above ledger accounts. View transaction list Book Hint Journal entry worksheet Print 1 2 3 4 ferences Record the entry to close revenue accounts. Note: Enter debits before credits Debit Credit Transaction General Journal View general journal Clear entry Record entry 8 of 10 Next > 8 of 10 8 of 10 Prev Mc Graw Hill Education Required 1 Required 2 15 points Prepare closing journal entries from the above ledger accounts. View transaction list eBook Hint Journal entry worksheet Print References