Can you prepare the following basic accounting reports?

1 - Statement of Income and expenses

2 - Balance Sheet

Please,see instructions below. You can use a basic projection for example.

THE CHALLENGE OF THE TWENTY DOLLARS FOR A MICROENTERPRISE Product: Car Wash service Place: Target Customer would be my location of living. My residing society consist 6 Apartments, 30 Individual houses. Each apartment has 80 households and total number of Customers would be (6*80+ 30 = 510). Total number of Vehicles are 500 approx. They have two options for car washing, First- Market place which is 3 miles from the society and second- online service. Promotion: Leafleting at their door, banner pasting at entrance of the apartments and society (With permission of society), Mouth publicity through my friends and family) and small presentation at society hall where all members gather there for weekly meeting. Price: Charges of car washing in the marketplace is $10, online is $15. I have decided to supply the service at $7 at their location. They don't need to go anywhere. Evaluation of Achievements Target Customer: 500 Quantitative Target: 50% (250 per month) I found 5-6 orders in a day, but it increased 12-15 in weekend. Total car washing done in two weeks is 105, average is 7/day. Its nearly close to my target. Investment made on the first week Car Wash Micro-Enterprise Investment Oxi Clean Car Wash $7.00 Car Wash Sponge $5.00 Car Wash Bucket $8.00 Total Investment $20.00 INSTRUCTIONS: Present the basic financial statements for the first two weeks 1. Statement of Income and expenses. 2. Balance Sheet