TASK 3 - CLOSING ENTRIES After completing the balance day adjustments, Lenora would like you to record the following closing entries. Use the 2023 FR Master File to complete these tasks. Complete the following Balance Day Adjustments for Merindah Homewares: 1. Record the following closing entries in the General Journal: i. Sales revenue to the trading account ii. Balance of COGS to the trading account iii. Balance of trading account to the P&L account iv. Interest income to the P&L account v. Other expenses to the P&L account vi. Balance of P&L to Owner's Equity 2. Post each of the above closing entries to the Closing Accounts ledger. a) Trading Account b) P & L Account c) Owner's Capital TASK 4 - FINANCIAL REPORTS The closing entries you prepared have been approved. Lenora has asked for the following Financial Reports for Merindah Homewares. Income Statement Balance Sheet. Ensure you adhere to the Policy & Procedures when preparing your Financial Reports An extract from this policy is below