Please write the answers in the paper if its possible..

1.The following accounts and balances were taken from the financial statements of r@ktas Inc. Prepare a classified balance sheet as of December 31,2018. Bank credit Short-term investments Accounts payable Property& Equipment Retained earnings $ 40.000 $ 80.000 $ 5.000 $ 120,000 $ 43,000 Cash Inventory Capital Prepaid insurance $ 15,000 $ 75,000 ? $ 12,000 r@ktas Inc. Balance Sheet at December 31, 2020 -III- (40 p.) Use the following accounts; Cash Bank Short-term investments Loss on sale of short-term investment Foreign exchange gain Foreign exchange loss Capital Gain on sale of short-term investment RA established his own company, r@ktas Co. The following transactions are the events that occurred during December 2018, the company's first month: Date 12/1 The owner invested $ 200,000 cash for capital. 12/5 r@ktas Co., opened deposit account on Don't Trust Bank and put 2.000 Euro (Exchange rate was 1 Euro= 1,5 Dollar) 12/10 The Company purchased short-term investment with cash for $2,500. 12/18 The Company sold short-term investment with cash for $2.000 Note: Exchange rate was 1 Euro= 1,4 Dollar at the end of the period. Requirements: 1. Give the journal entry for each transaction. 2- Post each transaction to Taccounts. Good Luck DR CR