Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). General Ledger Account Number 318 Retained Earnings Date May 31 Dividends Date Salaries Expense Account Number 622 PR Debit Credit Balance G2 80,000 Date May 31 PR Debit Credit G2 Balance 40,000 PR Debit Account Number 319 Credit Insurance Expense Account Number 637 Balance May 31 G2 48,000 Services Revenue Date PR Debit Account Number 403 Credit Date May 31 Rent Expense PR Debit Credit G2 Balance 3,380 Account Number 640 Balance May B1 G2 140,960 Depreciation Expense Date PR Debit May 31 G2 Account Number 603 Credit Balance 13,000 Date May 31 Income Summary PR Debit Credit G2 Balance 7,360 Date PR Debit Account Number 901 Credit Balance (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.