Closing entry/ Journal entry need the Date, Description, Post ref, Debit, Credit, Assests, Liabilities, Equity

Instructions The following selected accounts and their current balances appear in the ledger of Claremont Co. for the fiscal year ended May 31, 2019 $ 240,000 Cash 966,000 Accounts Receivable 1,690.000 Merchandise Inventory 22.500 Estimated Returns Inventory 13.500 Office Supplies 8,000 Prepaid Mysurance 830 000 550,000 Office Equipment Accumulated Depreciation Office Equipment Store Equipment Accumulated Depreciation Store Equipment Accounts Payable 3,600.000 1820.000 325,000 40.000 Customer Refunds Payable Satanes Payable Note Payable final payment due 2022) Kristina Marble Cat 41.500 300,000 3/449 100 Kristina Marble, Capital 3,449,100 Kristina Marble, Drawing 100,000 Sales 11,343,000 Cost of Merchandise Sold 7,850,000 Sales Salaries Expense 916,000 Advertising Expense 550,000 140,000 Depreciation Expense-Store Equipment Miscellaneous Selling Expense 38,000 Office Salaries Expense 650,000 Rent Expense 94.000 Depreciation Expense-Office Equipment 50,000 48.000 Insurance Expense Office Supplies Expense Miscellaneous Administrative Expense 28.100 14,500 Interest Expense 21,000 1 Prepare a single-step income statement combine selling expenses together in a single entry and combiner administrative expenses together in a single entry 2. Prepare closing entries as of May 31, 2019. Refer to the Chart of Accounts for exact wording of account titles "Be sure to complete the statement headings. Refer to the problem data and the ot of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries A colon (will automatically appear it is required PINGE 10 JOURNAL ACCOUNTING EQUATION DOT POSLE DET ATS LUTO OUTY Cloning Entries 10 11 14 51