Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). Retained Earnings Date May 31 Dividends Date May 31 Services Revenue General Ledger Account Number 318 Credit Salaries Expense Date May 31 Insurance Expense Account Number 622 Credit PR Debit Balance PR Debit Balance G2 85,000 G2 42,500 Account Number 319 PR Debit Credit Balance 51,000 Date May 31 PR Debit Account Number 637 Credit Balance G2 4,420 Account Number 403 Rent Expense Account Number 640 PR Debit Credit Balance May 31 G2 149,770 Depreciation Expense Date May 31 PR G2 Debit Account Number 603 Credit Balance Date May 31 Income Summary Date PR Debit Credit Balance G2 9,440 Account Number 901 PR Debit Credit Balance 17,000 Date (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.