prepare income statement, statement of financial position and balance sheet from these journal entries.

9 Sidhu Fit & Healthy Industry General Ledger Tran 10 Trans Dr Acct Date Cr No s No. Acct. Name Dr. Amount Cr. Amount 1 01-May 11 12 13 14 Description Owner invested $30,000 in the new business 500 30,000 2 02-May 100 Cash Owner's Equity 200 Inttangible products 100 Dash 30,000 10,000 Purchased intangible products of 10,000 305-Maull 15,000 Sale of the subscriptions for the food of $15,000 4 05-May 15,000 15,000 Cash received from customers 5 09-May 15,000 10,000 The loan is taken $10,000 from the 15 16 17 18 19 20 21 22 23 24 25 26 27 28 609-May 10,000 100 Cash 600 Sale 100 Cash 110 Accounts Receivable 100 Cash 400 Loan Payable 700 Salaries and wages 100 Cash 730 Rent deposit 100 HACER Cash 300 Accounts payable 100 Bank 200 Equipment 100 Cash 3,000 Salaries and wages paid $3000 11-May 3.000 900 Change in rental deposits was $900 8 11-May 900 10,000 Repayment of May 9 loan $10,000 9 11-May 10,000 1500 Purchased computer $1500 1,500 29 10 22-May 300 Dividends received on the mutual funds $300 30 11) 22-May 300 100 Cash 520 Dividend income 200 Building 100 Cash 760 Interest Expense 100 Dash 10.000 31 32 33 34 Purchased on building $10,000 10,000 12 23-May 8,000 Interest expense for $ 8,000 8,000 35 36 37 38 9 Sidhu Fit & Healthy Industry General Ledger Tran 10 Trans Dr Acct Date Cr No s No. Acct. Name Dr. Amount Cr. Amount 1 01-May 11 12 13 14 Description Owner invested $30,000 in the new business 500 30,000 2 02-May 100 Cash Owner's Equity 200 Inttangible products 100 Dash 30,000 10,000 Purchased intangible products of 10,000 305-Maull 15,000 Sale of the subscriptions for the food of $15,000 4 05-May 15,000 15,000 Cash received from customers 5 09-May 15,000 10,000 The loan is taken $10,000 from the 15 16 17 18 19 20 21 22 23 24 25 26 27 28 609-May 10,000 100 Cash 600 Sale 100 Cash 110 Accounts Receivable 100 Cash 400 Loan Payable 700 Salaries and wages 100 Cash 730 Rent deposit 100 HACER Cash 300 Accounts payable 100 Bank 200 Equipment 100 Cash 3,000 Salaries and wages paid $3000 11-May 3.000 900 Change in rental deposits was $900 8 11-May 900 10,000 Repayment of May 9 loan $10,000 9 11-May 10,000 1500 Purchased computer $1500 1,500 29 10 22-May 300 Dividends received on the mutual funds $300 30 11) 22-May 300 100 Cash 520 Dividend income 200 Building 100 Cash 760 Interest Expense 100 Dash 10.000 31 32 33 34 Purchased on building $10,000 10,000 12 23-May 8,000 Interest expense for $ 8,000 8,000 35 36 37 38