Please answer the whole thing Required ARequired BPrepare closing journal entries from the above ledger accounts.View transaction listJournal entry worksheet< A B<>Record the entry to close the dividends account.Note: Enter debits before credits.TransactionGeneral JournalDebitCredit4Record entryClear entryView general journalRequiredARequired B >< Prev4 of 8Next >MacBook AirDII号口888F7F4@2324&23457WERYFB* 00 M Question 4 - HOMEWORK CHAPTER 3 - ConnectC Rent/Buy Books on Chegg -Save UpK CHAPTER 3 iSavedUse the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances).Retained EarningsDateMay 31DividendsGeneral LedgerAccount Number 318 Salaries ExpenseBalance93,000Account Number 622Balance46,500Account Number 637Balance4,680Account Number 640Balance9,960Account Number 901BalancePRG2DebitCreditDateMay 31PRG2DebitCreditAccount Number 319 Insurance ExpenseCreditDateMay 31Services RevenueDateMay 31Depreciation ExpensePRDebitBalance59,000Account Number 403 Rent ExpenseBalance163,866Account Number 603 Income SummaryDateMay 31PRDebitCreditG2G2PRG2DebitDateMay 31CreditPRDebitCreditG2DateMay 31PRDebitCreditBalanceDatePRDebitCreditG218,000(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) asthe date.esComplete this questions by entering your answers in the tabs below.Required ARequired BPrepare closing journal entries from the above ledger accounts.View transaction listJournal entry worksheetAC DB< Prev4 of 8Next >MacBook Air%23&**234568ERYSKCVLL

Use the May 31 fiscal year-end information from the following ledger accounts (assume that all accounts have normal balances). General Ledger Account Number 318 Salaries Expense Balance 93,000 Retained Earnings Date Account Number 622 Balance 46,500 Account Number 637 Balance 4,680 Account Number 640 PR Debit Credit PR G2 Account Number 319 Insurance Expense Date May 31 Debit Credit May 31 Dividends G2 Date May 31 Services Revenue PR G2 Debit Credit Balance Date PR G2 Debit Credit 59,000 Account Number 403 Rent Expense Balance 163,866 Account Number 603 Income Summary Balance 18,000 May 31 Date PR G2 Date May 31 Debit Credit PR Debit Credit May 31 Depreciation Expense Date May 31 Balance 9,960 Account Number 901 G2 PR G2 Debit Credit Date PR Debit Credit 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.