1) Begin the project by clicking on the General Journal tab. You can only type in yellow fields. Be sure to round to the nearest penny. Use the Chart of Accounts to select the proper account number. Remember Debits must equal Credits.2) Pacing yourself Transactions 1 through 26 can be done in the General Journal. Journalize the Adjusting Entries in the General Journal.· Next complete the Closing Entries in the General Journal.· Finally, complete the Financial Statements (Income Statement, Owner’s Equity, and Balance Sheet)