Assignment
In your project, you will assume the role of an accountant and complete the year-end adjustment process for your company using a provided workbook. This workbook is the first deliverable of your final project. You will analyze the provided financials of the same company and create a report documenting your findings. For your first milestone, you will complete certain portions of the final project workbook as described in the prompt below. You will complete the entire workbook for your next milestone, due in Module Five. Prompt: Specifically, the following critical elements must be addressed:
• Demonstrate the year-end adjustment process.
o Prepare the adjusting journal entriesin the Adjusting Entries tab in the provided workbook.
o Transfer the values from the Adjusting Entries tab to the proper cells of the Adjusting Entries columns in the Worksheet tab.
o Create the adjusted trial balance by completing the Adjusted Trial Balance columns using the Worksheets tab.
o Close temporary accounts by completing the Closing Entries tab.
• Prepare an income statement for your company by completing the Income Statement tab in the provided workbook.
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
Attachment:- Project-Workbook.rar