Question: P8-5B. From the following ledger balances and additional data below, complete the following for Callahan Lumber of Hinton: a. Prepare the worksheet. b. Prepare the

P8-5B. From the following ledger balances and additional data below, complete

P8-5B. From the following ledger balances and additional data below, complete the following for Callahan Lumber of Hinton: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity, and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages

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