Use the May $31$ fiscal year$-$end information from the following ledger accounts $($assume that all accounts have normal balances$)$

$($a$)$ Prepare closing joumal 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

the date.

Complete this questions by entering your answers in the tabs below.

Required A Required B

Prepare closing journal entries from the above ledger accounts.