Data Table May 31 ending balance, before closing Fees Earned $ 800 1,000 Rent Expense Advertising Expense 70 5,000 G. Remy, Capital G. Remy, Withdrawals 60 Print Done Get More Help Explain the four steps of the closing process given the following (Click the icon to view the data) Explain the four steps of the closing process given the information above. (Enter all amounts as positive numbers.) Step 1: Close lofs to > > - x X Data Table May 31 ending balance, before closing Fees Earned Rent Exponse Advertising Expenso G. Remy, Capital G. Remy, Withdrawals 800 1,000 70 5,000 60 Print Done