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Goulet inc, set up as a privately held corporation, operating as a reaby to wear garments retailer, of which 1006 of the Common Shares are owned by Lawrence Goulet. Your were hired to account for transactions for the month of August 2023, complete month end processing, prepare the financial statements and perform a financial ratio analysis as of the end of that month, They use perpetual inventary system and use the wrigted average method to determine value for the irventory. Its balance sheet as at Julv 31,2023 , is presented below. Required: a) Prepare the journal entries for the month of Auzust, You will alro need to update the inventory in the table for each purchase and sale, return or allowance, found under the inventory Valuation tab of this workbook. b) Fost the above journal entries to the general ledger accounts. c) Complete the bank reconciliation teport: d) Record the journal entries from the bank reconclilation and post amounts to general ledger accounts. e) Prepare the tausistep income statement, calculation of retained earning, class fied balance shect found under the financial statements tab of this workbook f) Answer the analys questions fram ' a ' to 'F' found under the financial statements tab of this workbook. Transactions for the month of August: \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Gieneral lewmal } & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{l} Puest \\ Ch \end{tabular}}} \\ \hline Date & Account Titie and Explanation & PR & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & += & & & \\ \hline \end{tabular}