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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 Account
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 Account Number 301 Salaries Expense Account Number 622 Dated PR Debit Credit Balance Date PR Debit Credit Balance May 31 62 84, eee May 31 02 42,000 M. Muncel, Withdrawals Account Number 302 Insurance Expense Account Number 637 Date PR Debit Credit Balance Date PR Debit Credit Balance May 31 02 52,000 May 31 02 3,380 Services Revenue Account Number 403 Rent Expense Account Number 640 Date PR Debit Credit Balance Date PR Debit Credit Balance May 31 G2 148,008 May 31 02 7,360 Depreciation Expense Account Number 603 Incone Summary Account Number 901 Date PR Debit Credit Balance Date PR Debit Credit Balance May 31 02 13,000 (a) Prepare cidsing 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. Required A Required B
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