Journalize the adjusting entries post the journal entries to the ledger and prepare an adjusted trial balance as of August 312019.Nextprepare an income statement for the year ended August 312019 and a balance sheet as at August 312019

5. You are given the following additional information: a. The depreciation charges each on office equipment, $370 and on office furniture $50. b. Supplies that have been used, $380. c. The insurance expense that should be recorded as at August 31, 2019, would be $200. Instructions: Journalize the adjusting entries, post the journal entries to the ledger and prepare an adjusted trial balance as of August 31, 2019. Next, prepare an income statement for the year ended August 31, 2019 and a balance sheet as at August 31, 2019. 5. You are given the following additional information: a. The depreciation charges each on office equipment, $370 and on office furniture $50. b. Supplies that have been used, $380. c. The insurance expense that should be recorded as at August 31, 2019, would be $200. Instructions: Journalize the adjusting entries, post the journal entries to the ledger and prepare an adjusted trial balance as of August 31, 2019. Next, prepare an income statement for the year ended August 31, 2019 and a balance sheet as at August 31, 2019