1. Create Transactions (12 transactions) - 1. introduction of capital to the business, 2. purchase of a non-current asset, 3. cash sales for goods, 4. cash purchase for goods 5., credit sales for goods 6., credit purchase for goods 7. payment of rent, 8. payment of salary, 9. receipt of commission 10., full receipt for credit sales, 11. availing overdraft from bank and 12. cash deposit into the bank K Prepare Journal (12 transactions) Prepare Ledger (12 accounts) 2. Trial Balance 12 accounts (both Dr Total and Cr Total should be same) 3. Income Statement - Table Balance Sheet - Table explain the purpose of Financial Statements (In text citation) 250-300 words 4 Calculation of 3 ratios