Using the scenario provided in the Project One Guidelines and Rubric (found in the Supporting Materials section below), you will be preparing journal entries related to long-term liabilities and equity in the Milestone Journal Entries tab of the Project One Workbook Template and based on the transactions listed in the Project One Appendix. You will also complete the Milestone Ledger Accounts tab by filling in the amounts in the appropriate account bucket. Use Microsoft Excel to access the Project One Workbook Template. The Project One Workbook Template is provided for you to prepare the journal entries. It contains several tabs: Chart of Accounts, Milestone Journal Entries, Corrected Journal Entries, Milestone Ledger Accounts, Corrected Ledger Accounts, Income Statement, Balance Sheet, Statement of Retained Earnings, Cash Flow Worksheet, Statement of Cash Flows, and Ratios. Please keep in mind, for this milestone you will only be completing the Milestone Journal Entries and Milestone Ledger Accounts tabs of the workbook. Specifically, you must address the following rubric criteria: Milestone Journal Entries Tab Prepare accurate journal entries with the correct ledger accounts on the Milestone Journal Entries tab of the workbook. Be sure to refer to the Chart of Accounts tab for the account names