starting at step 4.Prepare an Adjusted Trial Balance. 5.Prepare an income statement, statement of retained earnings, and Balance sheet for August. 6. Prepare closing entries in journal format and post to T-accounts; date each entry as Aug31; label these as "Clos" in the T-accounts; Be sure to shoe end balances. 7.Prepare a Post-closing trial balance

Required: 1. Record the month's transactions ir journal format \& post each transaction to the T-accounts 2. 2. Fecord the adjustments (adpusting entries) in journal format 1. Post the adjustments to f accounts to determine the adjusted account balances label these as " Ad d in the T-accounts 4. Prepare an Ndjusted Irial Balance 5. Prepare an income Statement, Staternent of Retained Earnings, and Balance 5heet for August 7. Prepare a Post-dowing Tral Dalance Balance Sheet (fill in the missing account titles, as necessary) 31-Aug-23 \begin{tabular}{|c|c|c|c|} \hline & Current Assets: & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & 40 & & \\ \hline & & & \\ \hline & Total Current Assets & & \\ \hline & Property, Plant, \& Equipment & & \\ \hline & & & \\ \hline & & 0 & \\ \hline & & 50 & \\ \hline & Total Property, Plant, \& Equipment & & \\ \hline & Total Assets & & \\ \hline & Current & & \\ \hline & & Q & \\ \hline & & & \\ \hline 4 & & & \\ \hline & 5 & & 40 \\ \hline & Total Current Liabilities & & \\ \hline 7 & Long-Term Liabilities: & & \\ \hline 8 & & & \\ \hline 9 & Total Liabilities & & \\ \hline 50 & Stockholders' Equity & & \\ \hline 1 & & & \\ \hline 52 & & & \\ \hline & Total Stockholders' Equity & & \\ \hline & Total Liabilities and Stockholders' Equity & & \\ \hline \end{tabular} Journal-Recording Transactions (Put one account on each line; Do not skip rows between entries) August 31, 2023 Post-closing Trial Balance (Fill in the account titles as necessary; do not skip rows) August 31. 2023 Adiusted Trial Balance (Fill in the account titles as necessarv: do not skip rows) Income Statement (fill in the missing account titles, as necessary) For the month ended August 31, 2023 Statement of Retained Earnings (fill in the missing account titles, as necessary) 8 For the month ended August 31, 2023 Required: 1. Record the month's transactions ir journal format \& post each transaction to the T-accounts 2. 2. Fecord the adjustments (adpusting entries) in journal format 1. Post the adjustments to f accounts to determine the adjusted account balances label these as " Ad d in the T-accounts 4. Prepare an Ndjusted Irial Balance 5. Prepare an income Statement, Staternent of Retained Earnings, and Balance 5heet for August 7. Prepare a Post-dowing Tral Dalance Balance Sheet (fill in the missing account titles, as necessary) 31-Aug-23 \begin{tabular}{|c|c|c|c|} \hline & Current Assets: & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & 40 & & \\ \hline & & & \\ \hline & Total Current Assets & & \\ \hline & Property, Plant, \& Equipment & & \\ \hline & & & \\ \hline & & 0 & \\ \hline & & 50 & \\ \hline & Total Property, Plant, \& Equipment & & \\ \hline & Total Assets & & \\ \hline & Current & & \\ \hline & & Q & \\ \hline & & & \\ \hline 4 & & & \\ \hline & 5 & & 40 \\ \hline & Total Current Liabilities & & \\ \hline 7 & Long-Term Liabilities: & & \\ \hline 8 & & & \\ \hline 9 & Total Liabilities & & \\ \hline 50 & Stockholders' Equity & & \\ \hline 1 & & & \\ \hline 52 & & & \\ \hline & Total Stockholders' Equity & & \\ \hline & Total Liabilities and Stockholders' Equity & & \\ \hline \end{tabular} Journal-Recording Transactions (Put one account on each line; Do not skip rows between entries) August 31, 2023 Post-closing Trial Balance (Fill in the account titles as necessary; do not skip rows) August 31. 2023 Adiusted Trial Balance (Fill in the account titles as necessarv: do not skip rows) Income Statement (fill in the missing account titles, as necessary) For the month ended August 31, 2023 Statement of Retained Earnings (fill in the missing account titles, as necessary) 8 For the month ended August 31, 2023