complete set of financial statements. balance sheet income statement. retained earnings and cash flows. please show coressponding number for each journal.

Ulla's Salon - Problem Ulla opened a salon (health, fitness, and beauty) on 1/1/2018. Transactions numbered 1 through 5 occurred on the first day of business. The remaining transactions took place during the first month of operations. 1. Issued stock to the owners of our new business for $12,000. 2. Borrowed $48,000 from a bank to be repaid in a single payment (plus interest) three years from now. The bank charges us $480 interest per month. 3. Bought equipment for $21,600. It has a 9 year life and no salvage value. 4. Purchased insurance for the first 8 months of operations for $3,200. 5. Paid a consultant $12,000 to provide consulting services through 12/31/2018. 6. Sold services to clients for $30,000 (1/2 cash, 1/2 on account). 7. Paid salaries of $3,000. 8. Bought land for $30,000 9. Sold half the land for $12,000, 10. Collected $9,000 of what clients owe us. Create a complete set of financial statements for Ulla as of January 31 2018