Instructions: You have been provided with the unadjusted trial balance and the year end transactions for Cohen Collection Services Ltd. for the 2020 fiscal year. The company's year end is December 31st 1. Using the Journal template provided, prepare the adjusting journal entries required at December 31, 2020. Explanations are not required. (14 points) 2. Post the Journal Entries to the T-Accounts. Hint: Make sure you include your opening balances from the unadjusted trial balance (where required). (11 points) 3. Create an Adjusted Trial Balance based on the opening balances, and adjustments (Hint use the ending balances in your T-Accounts). (22 points) 4. Prepare the Financial Statements (Income Statement, Statement of Retained Earnings, and Balance Sheet). (40 Points) 5. Prepare closing entries for December 31, 2020. (11 points)