Your job in Task 5 is to prepare an August 31,2023 pre-tax trial balance (that is, a trial balance that includes everything for the year ended August 31, 2023 except for the current and deferred income tax journal entries). Also, at the bottom of your worksheet (somewhere after the trial balance totals), compute "Comprehensive income before tax" which is all revenue, gains, expenses, losses that are included in net income and in OCI before tax. (No need to write out all the accounts that go into the calculation-just use an excel formula to add and subtract the relevant accounts.) You will need this comprehensive income before tax number to do your income tax calculations in task 6 . Your starting point will be the "Account balances prior to your journal entries" balances (that were provided with the continuing case background information). The previous accountant has posted every journal entry for the year ended August 31, 2023, except for the ones you created in Tasks 1 to 4 (and except for the tax JEs that you will prepare in task 6). You will update these accounts for each of the journal entries that you have prepared in Tasks 1 to 4 (as corrected). You may update the accounts for Tasks 1 to 4 in any way you wish - for example, T accounts, a spread sheet, etc. Note that you will need to add some new accounts in order to post some of your journal entries, as there are some accounts that the company hasn't previously needed. Bienocity Ltd. is a medium-sized public Saskatchewan company operating a wholesale business. It was incorporated under the Canada Business Corporations Act on September 1, 2017. Bienocity Ltd.'s products are sold to retailers on credit and are not subject to GST or PST. The company has an August 31 year end. The company has three classes of shares and has not issued any additional shares since September 1, 2017: Class A - Cumulative preferred shares without par value. - Authorized: unlimited; Issued and outstanding: 10,000. - Issued on September 1, 2017 for $100 per share. - Must be redeemed by Bienocity Ltd. on September 1, 2027 for $100 per share. Class B - Cumulative convertible preferred shares without par value. - Authorized: unlimited; Issued and outstanding: 15,000. - Issued on September 1, 2017 for $100 per share. - Convertible into Class C shares at a rate of 1 Class B share for 2ClassC shares (eligible for conversion, beginning September 1, 2019). To date, no Class B shares have been converted to Class C shares. Class C: - Common shares. - Authorized: unlimited; Issued and outstanding: 190,000. - Issued on September 1, 2017 for $5 per share. You are Bienocity Ltd. 's new accountant and it is the company's fiscal 2023 year end (year ended August 31, 2023). The previous accountant was pretty good and all the transactions that he recorded were correctly done. Some of the August 31, 2023 transactions and year-end adjustments were not completed before the accountant left the job and you will record them. All of this will be described in the task instructions. The previous accountant has already prepared some of the year-end adjustments (such as depreciation on PPE and bad debts). All of the previous accountant's journal entries have been posted to Bienocity Ltd.'s accounts. These account balances have been provided to you as your starting point for the remaining transactions and adjustment entries for the fiscal year ended August 31, 2023. You will be responsible for: (a) recording the required August 31, 2023 transactions and remaining year-end adjustments; (b) posting your joumal entries to the accounts; (c) preparing the August 31,2023 trial balance; and (d) preparing financial statements for the year ended and as at August 31, 2023, as outlined in Tasks 1 to 8 . * the $7,600 relates solely to past pension plan remeasurements Your job in Task 5 is to prepare an August 31,2023 pre-tax trial balance (that is, a trial balance that includes everything for the year ended August 31, 2023 except for the current and deferred income tax journal entries). Also, at the bottom of your worksheet (somewhere after the trial balance totals), compute "Comprehensive income before tax" which is all revenue, gains, expenses, losses that are included in net income and in OCI before tax. (No need to write out all the accounts that go into the calculation-just use an excel formula to add and subtract the relevant accounts.) You will need this comprehensive income before tax number to do your income tax calculations in task 6 . Your starting point will be the "Account balances prior to your journal entries" balances (that were provided with the continuing case background information). The previous accountant has posted every journal entry for the year ended August 31, 2023, except for the ones you created in Tasks 1 to 4 (and except for the tax JEs that you will prepare in task 6). You will update these accounts for each of the journal entries that you have prepared in Tasks 1 to 4 (as corrected). You may update the accounts for Tasks 1 to 4 in any way you wish - for example, T accounts, a spread sheet, etc. Note that you will need to add some new accounts in order to post some of your journal entries, as there are some accounts that the company hasn't previously needed. Bienocity Ltd. is a medium-sized public Saskatchewan company operating a wholesale business. It was incorporated under the Canada Business Corporations Act on September 1, 2017. Bienocity Ltd.'s products are sold to retailers on credit and are not subject to GST or PST. The company has an August 31 year end. The company has three classes of shares and has not issued any additional shares since September 1, 2017: Class A - Cumulative preferred shares without par value. - Authorized: unlimited; Issued and outstanding: 10,000. - Issued on September 1, 2017 for $100 per share. - Must be redeemed by Bienocity Ltd. on September 1, 2027 for $100 per share. Class B - Cumulative convertible preferred shares without par value. - Authorized: unlimited; Issued and outstanding: 15,000. - Issued on September 1, 2017 for $100 per share. - Convertible into Class C shares at a rate of 1 Class B share for 2ClassC shares (eligible for conversion, beginning September 1, 2019). To date, no Class B shares have been converted to Class C shares. Class C: - Common shares. - Authorized: unlimited; Issued and outstanding: 190,000. - Issued on September 1, 2017 for $5 per share. You are Bienocity Ltd. 's new accountant and it is the company's fiscal 2023 year end (year ended August 31, 2023). The previous accountant was pretty good and all the transactions that he recorded were correctly done. Some of the August 31, 2023 transactions and year-end adjustments were not completed before the accountant left the job and you will record them. All of this will be described in the task instructions. The previous accountant has already prepared some of the year-end adjustments (such as depreciation on PPE and bad debts). All of the previous accountant's journal entries have been posted to Bienocity Ltd.'s accounts. These account balances have been provided to you as your starting point for the remaining transactions and adjustment entries for the fiscal year ended August 31, 2023. You will be responsible for: (a) recording the required August 31, 2023 transactions and remaining year-end adjustments; (b) posting your joumal entries to the accounts; (c) preparing the August 31,2023 trial balance; and (d) preparing financial statements for the year ended and as at August 31, 2023, as outlined in Tasks 1 to 8 . * the $7,600 relates solely to past pension plan remeasurements