please take this information from general journal and generate an income statement as follows;

And from that, then a balance sheet as follows;

Greatly appreciated!

General Journal Account Titles and Explanation Debit $ Credit $ Date 01-03-2014 Cash $ 5,000 Common Stock Received investment from owner $ 5,000 02-03-2014 Business Operating Expense $1,000 Cash Payment for business plan services $1,000 02-03-2014 Business Operating Expense 500 500 Cash Payment for business registration 03-03-2014 Rent Expense 350 Cash Payment for rent 350 05-03-2014 Office Supplies 900 Accounts Payable Best Buy computer purchase on credit card 900 05-03-2014 Office Supplies 350 Accounts Payable Cell phone in T-mobile purchase on credit card 350 20-03-2014 Office Supplies 600 Accounts Payable Ikea furniture purchase on credit card 600 30-03-2014 Cash $3,000 $3,000 Services Revenue Provided services for cash 31-03-2014 Prepaid Rent 350 Cash Paid cash for April rent 350 Total For Month Ending 3/31/2014 $12,05012,050