Prepare opening balance sheet and record for opening balances. -Make the journal entries for…

Questions 1:
a. Prepare opening balance sheet and record for opening balances.
b. Make the journal entries for current term transactions.
c. Prepare general trial balance.
d. Record for end of period transactions.
e. Prepare adjusted trial balance.
f. Prepare postclosing balance sheet and Income Statement.
g. Make closing balance sheet journal entries.

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