I have to create the amount and make it as if it was my own company.

PARTE: You will be creating your own comigaw. GIVE YOU R a me Read the transaction Parti AND LIST THE NAMES OF ALL THE ACCOUNTS YOU WILL BE USING USE THE MCCOUNTING EQUATION TO LIST ALL ASSETS, LIABILITIES, STOCKHOLDERS EQUITY, REVENUE AND EXPENSE ACCOUNTS PART W. RECORD THE FOLLOWING TRANSACTIONS, YOU WILL DECIDE THE DOLLAR VALUE OFERCH TRANSACTION BE SURE THAT YOUR REVENUES ARE GREATER THAN YOUR EXPENSES, BE SURE THAT YOUR ASSETS ARE GREATER THAN YOUR LIABILITIES RECORD ALL YOUR TRANSACTIONS ON JOURNAL PAPER IN ADDITION, YOU WILL ALSO USE T ACCOUNTS AND GET THE TOTAL OF EACHT ACCOUNT You are a brand new company starting on January 1, 2020 Your accounting period end on January 31, 2020, 1. Stockholders investment in the company for common stock Purchase of supplies for cash. 3. Purchase of equipment on account 4. Payment of 1 years insurance in advance. 5. Earned revenue on account. 6. Receipt of payment from previous customer 7. Payment of liability created from purchase of equipment see #3) 8. Received utility bill. It is payable in 30 days. 9. Paid rent in advance for the whole year. 10. Declared and paid dividends to the common shareholders. 11. One month of your prepaid insurance has expired 12. One month of your prepaid rent has been used up. 13. You have used up all the supplies that you had purchased earlier this month 14. You must record depreciation for the equipment that you have purchased 15. Salaries have accrued for the month and you must record them. (you will not pay these salaries until next month) PART III: TOTAL ALL YOUR TACCOUNTS AND PREPARE THE FOLLOWING FINANCIAL STATEMENTS INCOME STATEMENT STATEMENT OF RETAINED EARNINGS BALANCE SHEET REQUIRED: EXPLAIN HOW YOUR FINANCIAL STATEMENTS ARE INTERRELATED TO EACH OTHER. Be specific in your explanation. PART IV: ANSWER THE FOLLOWING (TYPE OU ING (TYPE OUT ANSWERS and show your calculations WHAT IS MEANT BY LIQUIDITY? WHAT IS THE LIQUIDITY OF WHAT IS MEANT BY PROFITABILITY? WHAT IS THE PROFITABILITY assume that the average MY OF YOUR COMPANY? (USE THE CURRENT RATIO) ROFITABILITY OF YOUR COMPANTY (USE THE EARNINGS PER SHARE RATIC the average number of shares for common stock is 1,000 shares) WHAT IS MEANT BY SOLVENCY? WHAT IS THE SOLVENCY AT IS THE SOLVENCY OF YOUR COMPANY (USE DEBT TO ASSETS RATIO)