This assignment is due at the beginning of class on Tue. Oct. 30 late submissions (even within the class period on the due date) will be assessed a late penalty This exercise is worth 30 points Note: This cover page must be printed with the rest of the packet and submitted as the first page of the completed exercise. Print your name (legibly) on this cover sheet. Instructions: Guardian Security, Inc. went into business as a corporation in early 2014. For the first few years, the company provided security services only (no merchandise). During 2018, the company decided to begin selling security systems, and to provide 24-hour alarm monitoring services for those systems The attached pages include the following: Page 1. Guardian's trial balance on January 1, 2018. Note: use the account names listed in the trial balance for items below. 3-4 2. A list of events that occurred during 2018. Note: the online assignment on Canvas includes a spreadsheet with a basic accounting equation grid for you to analyze the effects of these events. 3. A worksheet to analyze the cost of inventory and the cost of goods sold. 4. A worksheet to prepare appropriate transaction and adjusting journal entries. 5. A worksheet to prepare the 2018 Adjusted Trial Balance. 6. Worksheets to prepare the 2018 financial statements. 7. A worksheet to prepare the 2018 closing journal entries 5-9 10 11-12 13 Page 1 of 13