After you have posted the adjusting journal entries, close the General Journal then print the following reports accepting all defaults offered by Peachtree:

a. General Journal -(check figure debit = $31,509)

b. Trial Balance -(check figure debit = $56,850)

c. General Ledger Report -(check figure cash = $26,094)

d. Income Statement -(Net Income = $10,691)

e. Balance Sheet -(Total Capital = $29,434)

Review your printed reports. If you have made an error in a posted journal entry, use the procedures detailed in step 18 from chapter 3 to make any nec¬ essary corrections. Reprint all reports if corrections are made.

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