Assume that your company prepares annually financial statements. Then;

c) Prepare the adjusted trial balance at December 31. d) Prepare the closing entries in the general journal and post them to the ledger e) Prepare the statement of income for the year ended 2022. f) Prepare the Balance Sheet at December 31. g) Prepare the Statement of Owner's Equity for the year ended 2022. h) Prepare the Statement of Cash Flow at December 31. I) Make the financial analysis of your company. (Calculate the financial ratios and interpret the results.)

You must use the following information

Date | Description | Debit | Credit

Jan 2 | Cash | $100,000 | | Common Stock | | $100,000

Feb 15 | Office Equipment | $5,000 | | Accounts Payable | | $3,000 | Cash | | $2,000

Mar 10 | Accounts Receivable | $8,000 | | Service Revenue | | $8,000

Apr 1 | Cash | $4,000 | | Accounts Receivable | | $4,000

May 5 | Office Supplies | $1,500 | | Cash | | $1,500

Jun 20 | Contracted IT Services Expense | $9,000 | | Cash | | $9,000

Jul 1 | Cash | $2,500 | | Service Revenue | | $2,500

Aug 10 | Rent Expense | $2,500 | | Cash | | $2,500

Sep 15 | Depreciation Expense | $1,200 | | Accumulated Depreciation - Office Equipment | | $1,200

Oct 5 | Accounts Receivable | $6,000 | | Service Revenue | | $6,000

Nov 15 | Accounts Payable | $800 | | Utilities Expense | | $800

Dec 1 | Accounts Payable | $2,000 | | Cash | | $2,000

Dec 31 | Salaries Payable | $500 | | Salaries Expense | | $500

Dec 31 | Income Tax Expense | $800 | | Income Taxes Payable | | $800

Dec 31 | Warranty Expense | $300 | | Warranty Liability | | $300

Dec 31 | Interest Expense | $200 | | Interest Payable | | $200

Dec 31 | Accounts Receivable | $400 | | Service Revenue | | $400

Dec 31 | Insurance Expense | $600 | | Prepaid Insurance | | $600

Dec 31 | Depreciation Expense | $300 | | Accumulated Depreciation - Office Equipment | | $300

Dec 31 | Bad Debt Expense | $300 | | Allowance for Doubtful Accounts | | $300