Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). General Ledger Retained Earnings Account Number 318 Salaries Expense Date PR Debit Credit Balance May 31 GZ 81.000 Dividends Date PR Debit Account Number 319 Credit Datc May 31 Insurance Expense PR Debit Account Number 622 Credit Balance G2 40.500 Account Number 637 Balance Date PR Debit Credit Balance May 31 G2 47.000 Services Revenue Date PR Debit Account Number 403 Credit May 31 Rent Expense [G7 5.460 Account Number 640 Balance May 31 G2 142,722 Depreciation Expense Date PR Debit Account Number 603 Credit Date May 31 Income Summary PR Debit Credit Balance G12 11.520 May 31 G2 Balance 21,000 Date PR Debit Credit Account Number 901 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. Complete this questions by entering your answers in the tabs below. Required A Required B Prepare closing journal entries from the above ledger accounts. View transaction list Journal entry worksheet B 0 D Record the entry to close expense accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal