use the may 31 year end information from the following ledger accounts( assume that all accounts have normal balmces)

  

 

 

 

 

 

Built Assignments Saved M. Muncel, Capital Date May 31 M. Muncel, Withdrawals PR Acct. No. 301 Debit Credit Balance Salaries Expense Acct. No. 622 G2 95,000 Date May 31 PR Debit Credit Balance G2 47,500 Insurance Acct. No. 302 Acct. No. 637 Expense Date PR Debit Credit Balance Date PR Debit Credit Balance May 31 G2 67,000 May 31 G2 4,160 Services Revenue Date May 31 PR Acct. No. 401 Debit Credit Balance Rent Expense Acct. No. 640 G2 167,390 Date May 31 PR Debit Credit Balance G2 8,920 Depreciation Expense Date May 31 PR G2 Acct. No. 603 Debit Credit Balance 16,000 Income Summary Acct. No. 901 Date PR Debit Credit Balance Help 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 Complete this questions by enterinn vour answers in the tabs helow. Co search < Prev 3 of 5 Next > eG