Establish a company. Give brief information about its activities. Set its transactions (15 transactions) occurred during the year of 2022 and its adjusting entries (5 transactions) at the end of 2022. Assume that your company prepares annually financial statements. Then;

a) Prepare the journal and adjusting entries in the general journal. (202=40 Points)

b) Post the journal and adjusting entries to the ledger. (Prepare t-accounts) (10 Points)

c) Prepare the adjusted trial balance at December 31. (10 Points)

d) Prepare the closing entries in the general journal and post them to the ledger (10 Points).

e) Prepare the statement of income for the year ended 2022. (5 Points).

f) Prepare the Balance Sheet at December 31. (5 Points).

g) Prepare the Statement of Owner's Equity for the year ended 2022. (5 Points).

h) Prepare the Statement of Cash Flow at December 31. (5 Points).

I) Make the financial analysis of your company. (Calculate the financial ratios and interpret the results.) (10

Points).