Finishing the Accounting Cycle It is the end of the year, and you will need to record the following to prepare financials and prepare for the new year. 1. In addition to the transactions and items you have recorded and the year the activity occurred Journalize this acctivity below, and post the JE's to the ledger Ledger 2. Journalize the closing entries below, and post them to the t-accounts in tab 3. Use the adjusted trial balance to prepare your financial statements Prepare the journal entries corresponding to the 20 activities above. Label your entires with numbers. You can insert lines as needed. Remember to copy these It's to the Journal tab and then post them to the ledger Date Dec. 31 Debit