Babboo Industries is a company that is doing on resale of toys. So it is decided to open a representation in our state. So below are the data you need for further operations.

Day $1.$ Established a company with authorized capital $-350000$ AZN.

Day, $2$ Rented an office with monthly fee $-2000$AZN.

Day $3.$ Hired employees: Salaries $-14000$AZN.

Day &$.$ Purchased $1000$ units kid toys by the price $70$ AZN per unit.

Day $10.$ Obtained a small truck for transportation needs $-9000$AZN.

Day $12.$ Purchased additionally $800$ units of kid toys by the price $100$AZN per unit and $1200$ dolls by the price $150$ AZN per unit.

Day $16.$ By the decision of procurement and sales departments additionally purchased $1200$ units of kid toys by the price $90$ AZN per unit and $800$ dolls by the price $120$AZN per unit.

Day $20.$ The company realized $2000$ units of kid toys and $1500$ units of dolls with $65\%$ trade surcharge.

Day $24.$ The company received bill for utilities $-1200$AZN. Required:

a$)$ Prepare journal entries using $(7$ points$)$

b$)$ Prepare Income statement from the results of transactions $(5$ points$)$

c$)$ Prepare Balance sheet $(5$ points$)$

d$)$ What if the expenses would have been paid, how it affected the income statement or balance sheet or other statements? $(2$ points$)$