can someone help me with this?

ine closing Process Using this Adjusted Trial Balance close out the INCOME STATEMENT accounts through the income Summary (a DR/CR clearing account) Adjusted Trial Balance CR DR 38,750 4,500 57,000 Cash Prepaid Insurance Equipment Notes Payable Common Stock Retained Earnings Sales Revenue Automobile Expense Insurance Expense Salaries Expense Supplies Expense 32,000 10,000 17,325 200,000 24,575 18,000 110,000 6,500 259,325 259,325 Required: a. Set up T-accounts for the INCOME STATEMENT accounts in the Adjusted Trial Balance PLUS a T- account for the income Summary account. b. Zero out the Income Statement accounts using Journal Entries (in formal format but ignore the date) (Remember you can lose 10% here!) c. Update your T-accounts and foot each account (all accounts should foot to zero EXCEPT the Income Summary T-account which should have a foot of a CR balance of $40,925. stigate