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Hello, here we are with the answers to the given question.
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Let us start the discussion.
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In this scenario, we are given the questions related to journals.
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Again, it is asked related to the policies.
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Again, it is asked regarding the proposal, some asking related to ledger and balance sheet.
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Again, we are asked regarding depreciation.
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Also, it is asked regarding the closing entries.
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Then, it is asked regarding the trial balance.
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It is asked regarding the detailed answer for all these aspects.
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So, we have to understand that whenever it is asked for a detailed answer, we should have information on certain items...