4. Journalize the adjusting entries. Post the adjusting entries to the general Ledger 5. Prepare a multiple-step income statement. 6. Prepare a statement of stockholders' equity. Assume that additional common stock of $10,000 was issued in January 20 . 6 . 7. Prepare a balance sheet. 8. Journalize the closing entries. Then post the closing entries to the general ledger 9. Prepare a post-closing trial balance