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5. Journalize and post the adjusting entries (A to E) above to update the accounts in the General Ledger. 6. Prepare an adjusted trial balance

5. Journalize and post the adjusting entries (A to E) above to update the accounts in the General Ledger. 6. Prepare an adjusted trial balance using the information. 7. Prepare an income statement, a statement of owner's equity, balance sheet, and statement of Cash Flow. 8. Journalize the post-closing entries and close all temporary accounts 9. Prepare post-closing trial balance. A. Your project is to be submitted in an Excel format on moodle. One submission per group only. B. Please put your group member names on the name of the file

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