please help me fill this out by doing journal entry and T chart.

ownload Mason Project-Student Version.xIsx (36.9 KB) Thursday, M Sunday, May 7t first year of operations and they have hired you as their CPA to prepare the income statement and balance sheet for their company. As such, January 1st, 2023 was the lirst day that Mason was in business. For the month of January, record all the necessary journal entries for transactions that occurred during the month. in addition, please prepare all necessaryadiusting lournal entries as of the end of the month. From the information below, please fill out the Journal entries tab for all the necessary journal entries. Furthermore, please complete the TAccounts' tab for the individual accounts so that the 'rrial balance' tab can be updated (automatically). I prepared the first journal entry for you in the journaA entries tab and T-Accounts tab. Ensure you label the entries how I have for Entry it1. Once all entries are recored and the T-Accocints tab is updated, please prepare the financial statements fincome staternent and balance cheet) for the month of January. \begin{tabular}{l|l||l} \hline Information & Joumal Entres \\ Ready 2 Accessibility; Investigate \end{tabular} i ownload Mason Project-Student Version.xIsx (36.9 KB) Thursday, M Sunday, May 7t first year of operations and they have hired you as their CPA to prepare the income statement and balance sheet for their company. As such, January 1st, 2023 was the lirst day that Mason was in business. For the month of January, record all the necessary journal entries for transactions that occurred during the month. in addition, please prepare all necessaryadiusting lournal entries as of the end of the month. From the information below, please fill out the Journal entries tab for all the necessary journal entries. Furthermore, please complete the TAccounts' tab for the individual accounts so that the 'rrial balance' tab can be updated (automatically). I prepared the first journal entry for you in the journaA entries tab and T-Accounts tab. Ensure you label the entries how I have for Entry it1. Once all entries are recored and the T-Accocints tab is updated, please prepare the financial statements fincome staternent and balance cheet) for the month of January. \begin{tabular}{l|l||l} \hline Information & Joumal Entres \\ Ready 2 Accessibility; Investigate \end{tabular}