The chart of accounts is shown in a separate panel and the post$-$closing trial balance as of April $30,20$Y$5,$ is shown below.

A$.$ Download the spreadsheet in the Ledger panel and save the Excel file to your computer. Be sure to save your work in Excel as it will be used to complete the following steps in Part $1$ of this problem as well as steps in Part $2$ of this problem. Your input into the spreadsheet will not be included in your grade in CengageNOW on this problem.

B$.$ For each account in the post$-$closing trial balance, enter the balance in the appropriate Balance column of a four$-$column account. Date the balances May $1,20$Y$5,$ enter Balance in the Item column and enter $\text{'}x\text{'}$ in the Posting Reference column.

C$.$ Journalize each of the May transactions in a two$-$column journal starting on Page $5$ of the journal. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. $($Do not insert the account numbers in the journal at this time.$)$

Post the journal entries on pages $5$ and $6$ of thisjournal to the ledger of four$-$column accounts.