Prepare journal entnes to record the December transactions in the General Journal Tab in the excel template file "Accounting Cycle Excel Templatexisx- Use the following accounts as appropnate: Post is of the adjusting entries to the T-accounts on the "T.Accounts" tab. Compute the balance for each T-account afler af of the adjusting entres havo boen posted Propace the adjusted trial bolance on the 'Adpusted Tnal Balance' tab Check pont 1 Adjusted tral batanco totel dobticredt = 26,080 Provide the following amounts from the Adjusted Trial Balance: (Be sure to enter all numbers as positive and no answer should be Provide the following account balance from the Statement of stockholders' Equity. (Be sure to enter all numbers as positive and no answer should be left blank.) 28 Dindonds Record Ere downg entress on the 'General Sournar' tat? havo boen posteo 29. Provide the fola of the decit columin from the Puer cioung thel Balence beeri posted $19,700 ESTION 2 Prepare the Income Statement, Statemont of Stockholder's Equity and Classified Balance Sheet on the "Financial Staternents" tab for the month ended Decomber 31,20x. Provide the following amount from the income Statement: (Be sure to enter all numbers as positive and no answer should bo left blank.) Provide the following account balances from the Balance Sheet: (Be sure to enter all numbers as positive and no answer should be left blank.) Provide the followng account balance from the statement of stockholders' Cquily: ibe sure to enter all numbers as positive and no answer ahould be lef blank. I 23-Dec Received $1,800 cash from customer ABC inc., on account 25-Dec Paid the rent for the current month, $650 28-Dec Paid salanes to employees for work pertormed from December 1 through December 28, $5,040 29-Dec Declared and paid dividends to stockholders $350 30-Dec Purchased land by signing 3 year note payable for $8,000 Step2 Post ail of the Decermber transactions from the "Ceneral Joumal" tab to the T-accounts under the "T-Accounts" tab in the excel template file 'Accounting Cycle Excel Template xlsx' Assume there are no beginning balances in any of the accounts Step3 step4 step5 Compute the balance for each T-account after all of the entries have been posted Prepare the unadjustod tral balance on the "Unadiusted Irial Balance" tab Provide the total of the credit column from the Unadjusted Trial Balance Record the December adjusting entries on the "General Joumal' tab. 31. Dec One months insurance has expired $70 31.Dec The remaining inventory of unused office supplies is $90 31000 The estimated depreciation on equipment is $60 31. Dec Salanes incurred from December 29 to December 31 but not yet paid or rocorded total $540