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Step 8: Prepare the financial statements Use your adjusted trial balance to prepare the income statement, statement of owners equity, and balance sheet. You must
Step 8: Prepare the financial statements Use your adjusted trial balance to prepare the income statement, statement of owners equity, and balance sheet. You must complete these statements in this order, as there are interdependencies among them. Step 9: You will use the Closing Entries tab in your workbook to do the following: Close all temporary income statement accounts and create closing entries. Step 10 You will use the Post Closing Trial Balance tab in your workbook to do the following: Prepare the post-closing trial balance for the next accounting period. Step 11 You will use the Reversing Entries tab in your workbook to do the following: Prepare reversing entries. I need help with steps 8 through 11 and the reversing entries
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