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How to deal with LRSP and RRSP losses in old accounts?

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I have two very old LRSP and RRSP accounts that lost money over 20 years ago. How do I close the accounts?

I have never made an LRSP or RRSP withdrawal before so any guidance is appreciated and tax related tips too.

Do I simply withdraw the value of the accounts and declare the value?

Do I declare the amount contributed to each and the value withdrawn to close them? Perhaps that will be on the withdrawal statement from the financial institution.

Whatever the value I assume I pay taxes on it.

Thanks for your help.

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