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

$\backslash$table$[[\backslash$table$[[$Retained Earnings$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Genera$1],[$Number $318],[$Balance$]],\backslash$table$[[$Ledger$],[$Salaries Expense$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $622],[$Balance$]]],[$May $31,$G$2,,,81,000,$May $31,$G$2,,,40,500],[\backslash$table$[[$Dividends$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $319],[$Balance$]],\backslash$table$[[$Insurance Expense$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $637],[$Balance$]]],[$May $31,$G$2,,,47,060,$May $31,$G$2,,,5,460],[\backslash$table$[[$Services Revenue$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $403],[$Balance$]],\backslash$table$[[$Rent Expense$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $646],[$Balance$]]],[$May $31,62,,,142,722,$May $31,$G$2,,,11,520],[\backslash$table$[[$Depreciation Expense$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $603],[$Balance$]],\backslash$table$[[$Incone Sumary$],[$Date$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$credit$]],\backslash$table$[[$Number $901],[$Balance$]]],[$May $31,$G$2,,,21,000,,,,,]]$

$($a$)$ Prepare closing journal entrles from the above ledger accounts.

$($b$)$ Post the entrles 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 $B$

Prepare closing journal entries from the above ledger accounts.

Journal entry worksheet

A

B

c

D

Record the entry to close revenue accounts.