Exercise 4 8 a Closing entries Entry Account Name PR Debit Credit 1 Close revenue account 2 Close expense accounts 3 Close income summary 4 Close withdrawals account must fill the box of PR otherwise dislike Preparing and posting closing entries P2 Use the May 31 fiscal year end information from the following Check M Muncel, Capital (ending balance), $46,200

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Question: Exercise 4-8 a. Closing entries Entry # Account Name PR Debit Credit 1 Close revenue account. 2 Close expense accounts. 3 Close income summary. 4

Exercise 4-8 a. Closing entries Entry # Account Name PR Debit

Exercise 4-8
a. Closing entries
Entry #	Account Name	PR	Debit	Credit
1

	Close revenue account.
2




	Close expense accounts.
3

	Close income summary.
4

	Close withdrawals account.

must fill the box of PR. otherwise dislike

Preparing and posting closing entries P2 Use the May 31 fiscal year-end information from the following Check M. Muncel, Capital (ending balance), $46,200

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