Can you make The Accounting Cycle Step 7 Prepare Financial Statements for that data transactions in pictures .. and i need the answer like the picture i attached about Prepare Financial Statements !!!

The data is on first 2 pictures

Started new business Alnaqbi for Football Training. Following transaction are made in the month of August 2020. Transactions 1. I contribute S4,000 in cash to start the business. 2. I purchase $500 worth of equipment for use during classes 3. I purchase liability insurance at a total cost of $1,200. The policy covers September 1 through December 31 paid on 08-03-2020. 4. I receive cash totaling $800 for classes 5. I appointed an instructor teaches classes for the month. I agree to pay $600 for the classes. $300 is paid on August 31, and $300 will be paid on September 15 6. I pay rent for august of $1,000 on August 31. 7. I use utilities (electricity and water) totaling $200. This amount is payable on September 15. I purchase an additional $400 worth of mats, equipment, and clothing for sale 8. I sell inventory costing $150 for a revenue of $225 9. I'm worried about money, so my Unele makes an offer. He agrees to loan me $2,000 in cash. I will need to repay him sometime later, but he doesn't say when 10. After borrowing money, I decide to withdraw some of investment in the studio to pursue other opportunities. I decide to withdraw $1,000. 11. Depreciation @ $20/month. Assignment (1) Accounting Cycle Step 1 Analyze Business Transactions: Accounting Equation: Assets = Liabilities + Stockholders' Equity Business activity will impact various asset, liability, and/or equity accounts without disturbing the equality of the accounting equation Explanation Impact on Accounting Equation Cash 4,000, Contributed Capital 4,000 Assets(+4000)-Equity(+4000) Cash -500, PPE 500 Assets(+500), Assets(-500) Cash -1,200, Prepaid Insurance 1,200 Assets(+1200), Assets(-1200) Cash 800, Service Revenue 800 Assets(+800)= Equity(+800) Cash-300, Wage Payable 300, Instructor Expense 600 Assets(-300)-Liabilities(+300)+Equity(-600) Transactions 1. I contribute $4,000 in cash to start the business 2. I purchase $500 worth of equipment for use during classes 3. I purchase liability insurance at a total cost of $1,200. The policy covers September 1 through December 31 paid on 08-03-2020 4. I receive cash totaling $800 for classes 5. I appointed an instructor teaches classes for the month. I agree to pay $600 for the classes. $300 is paid on August 31, and $300 will be paid on September 15. 6. I pay rent for august of $1,000 on August 31. 7. I use utilities (electricity and water) totaling $200. This amount is payable on September 15. I purchase an additional $400 worth of mats, equipment, and clothing for sale 8. I sell inventory costing $150 for a revenue of S225 9. I'm worried about money, so my Uncle makes an offer. He agrees to loan me $2,000 in cash. I will need to repay him sometime later, but he doesn't say when 10. After borrowing money, I decide to withdraw some of investment in the studio to pursue other opportunities. I decide to withdraw $1,000 Cash -1,000, Rent Expense 1,000 Assets(-1000)=Equity(-1000) Utility Payable 200, Utility Expense 200 Liability(+200)+Equity(-200) Cash-400, Inventory 400 Assets(+400), Assets(-400) a. Cash 225, Sales Revenue 225 b. Inventory - 150, Cost of Goods Sold 150 a. Assets(+225)=Equity(+225) b. Assets(-150=Equity(-150) Cash 2,000, Loan Payable 2,000 Assets(+2000)-Liabilities(+2000) Cash -1,000, Contributed Capital -1,000 Assets(-1000)-Equity(-1000) 11. Depreciation @ $20/month. Accumulated Depreciation 20, Depreciation Expense 20 Assets(-20)-Equity(-20) TRANSACTION 10. DIVIDENDS The corporation pays a dividend of 1,300 in cash to Ray and Barbara Neal, the shareholders of Softbyte SA. Illustration 1-10 Trans- action Assets = Liabilities + Accounts Accounts Receivable + Supplies - Equipment = Payable Equity Retained Earnings Rev. Exp. Div. Cash Share Capital 1. +15,000 +15,000 -7,000 2. +7,000 3. +1,600 +1,600 +1,200 +1,200 +250 -250 4. 5. 6. 7. +2,000 +3,500 +1,500 -1,700 -600 -900 -200 8. -250 -250 +600 -1,300 9. 10. -600 -1,300 1-45 18,050 18,050 LO 7 4,700 SOFTBYTE SA Income Statement For the Month Ended September 30, 2017 Revenues Service revenue Expenses Salaries and wages expense 900 Rent expense 600 Advertising expense 250 Utilities expense 200 Total expenses Net income SOFTBYTE SA Retained Earnings Statement For the Month Ended September 30, 2017 Retained earnings, September 1 Add: Net income 1.950 2,750 0 2,750 2.750 1,300 1.450 Less: Dividends Retained earnings, September 30 llustration 1-11 Financial statements and their interrelationships LOS 2.750 2.750 1.300 1.450 SOFTBYTE SA Retained Earnings Statement For the Month Ended September 30, 2017 Retained earnings, September Add: Net income Less: Dividench Retained caring September 30 SOFTBYTE SA Statement of Financial Position September 30, 2017 Assets Equipment Supplies Accounts receivable Cash Total Equity and Liabilities Equity Share capital ordinary 15.000 Retained carnings Liabilities Accounts payable Total equity and liabilities Illustration 1-11 7,000 1.600 1.400 8.050 18.050 16,450 EIROSO 1-55 LOS SOFTBYTE SA Statement of Financial Position September 10, 2017