1Create an adjusted trial balance.(hint use very few accounts 3 asset, 2 liability3 stockholder's equity, 1 revenue, 2 expense) Do not do a worksheet.You must have the contra accounts dividends and accumulated depreciation-eq.Make up the numbers.It must balance.

2. Create an income statement, retained earnings statement and balance sheet.Use page 22 as a guide in the bookor chapter 1, 1.5in the e-book or look at the homework you manually uploaded.

3. Journalized the closing entries.Zero out the income statement accounts to income summary, then zero out income summary to retained earnings.Zero out dividends to retained earnings.

4.Post the journal entries to the ledger.Use the trial balancefor the beginning balances.Usea three column format. After your done all the income statement and dividendaccounts should be zero to get ready for the next month.

5.Create a post closing trial balance.