please provide journal entries if possible

Question 1. (60 points) The following trial balance has been extracted from the ledger of Mr Yousef, a sole trader. TRIAL BALANCE AS AT 31 December 20x9 Dr Cr $ $ 138,000 Sales Purchases 78,000 6,500 20,200 Delivery expenses Drawings Prepayment for insurance Postage and stationery Advertising Salaries and wages Irrecoverable debts 3,300 7,700 1,100 27,000 580 15,000 Receivables Payables 6,000 Cash on hand Cash at bank 1,200 11,500 14,500 37,500 Inventory as at 1 January 20x9 Equipment at cost Accumulated depreciation Capital 12,800 47,280 6% Loan 20,000 224,080 Total 224,080 The following additional information as at 31 December 20x9 is available. 1 The bill for telephone expense is received quarterly in arrears. You have received a bill for a telephone expense on 1* of February in the amount of $450. 2 Prepayment on Insurance was made on 1st of August 2019. 3 $2,500 of delivery expenses represents delivery on purchases made and the rest is for the delivery of the products that we have sold 4 Equipment has to be depreciated. The useful life of the Equipment is 10 years with the salvage value of $2,500. The method of depreciation is a declining balance method. 5 The allowance for receivables has to be equal to 5% of Receivable balance 6 Inventory at the close of business has been valued at $5,000 7. Salary for December of $3,100 has not been accrued by the accountant. 8. The sales figure includes $2,000, for which the services have not actually been performed. 9. Interest expense for the year was $700. 10. The accountant forgot to show the receipt of cash of $1,000 from your creditors. 11. The Loan was obtained on 1* of November 20X9. Required (a) Prepare a statement of profit or loss for the year ended 31 December 2009 (30 points) (b) Prepare a statement of financial position as at that date. (30 points)