Please show the impact of below transactions on financial statements. There is a separate tab in attached Excel file for each transaction 1-Produce product advertising fliers and T-shirt giveaways for $50,000 2- A new customer orders 1000 product with a selling price of $15,000 (on credit) and cost of 10,000. The products are shipped to customers. 3- Receive payments of customer order in transaction 2. 4-Pay this year general liability insurance for $10,000. 5-Pay payroll associated taxes for $500.

its complete question

. B D E F G Income Statement 1 2 3 Prior + transactions 1 2 1-2-3 4 S 6 7 8 9 10 11 12 13 S 6 44546) 3-78 9 10 819-10-11 Net Sales Cost of Goods sold Gross Margin Sales & Marketing Research & Development General Administrative Operating Expense Income From Operation Net interest income Income Taxes Net Income 14 15 17 1B 19 20 21 22 23 24 25 26 27 28 29 30 Cash Flow Statements 3 Beginning Cash Balance Carih Receipts C Cash Disbursements Cash Flow from Operations e PPE purchases 1 Net Borrowing Income Taxes Paid Sale of Capital Stock aud-estha Endine Cash Balance Balance Sheet A B c 0 ABC DE F G H G-HI El 31 32 33 34 35 36 37 3B 39 40 41 42 Carch Account Rechable Inventories Prepaid Expenses Current Assets Other Assets Fixed Assets cost Accumulated Depreciation Net Food Asset Tul A K L M N K+L+M+ND Accounts Payable Accrued Expenses Current portion of debt Income tax payable Current Liabilities 44 45 45 P Q R Long term Debt Capital Stock Retained in Shareholder Equity Tullianssand out 45 LOPUST 49 50 S1 52 53