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 Debit Acct. No. 301 Credit Balance 90,000 Salaries Expense Date PR May 31 G2 Acc No. 622 Debit Credit Balance 45,000 M. Muncel, Withdrawals Date PR May 31 G2 Debit Acct. No. 302 Credit Balance 60,000 Insurance Expense Date PR May 31 G2 Debit Acct. No. 637 Credit Balance 3, 120 Services Revenue Date May 31 Debit Acct. No. 401 Credit Balance 158, 580 PR G2 Rent Expense Date May 31 Debit PR G2 Acct. No. 640 Credit Balance 6,840 Depreciation Expense Date PR May 31 G2 Acct. No. 603 Credit Balance 12,000 Income Summary Date PR Acct. No. 901 Credit Balance Debit Debit 1. Prepare closing journal entries from the above ledger accounts. 2. Post the entries from Requirement 1 to the General Ledger accounts below. Use the transaction number from Requirement 1 as the date. GIATAN in the who hlasi. Calabr thinctione hunntavina NE 15 of 16 BER