Record the transactions, prepare the trial balance and show the following financial statements:

Balance sheet (Statement of Financial Position) as of 31.12.2022

A = E + L Record the transactions, prepare the trial balance and show the following financial statements: Balance sheet (Statement of Financial Position) as of 31.12.2022 Profit & Loss account (Income Statement) for 2022 Debit Credit Cash (Current asset) SR 90,000.00 b/f Capital (Equity) SR 120,000.00 b/f Accounts payable (current liability) Inventory-merchandise (Current asset) b/f SR 30,000.00 Date Account 04.01.2022 04.01.2022 01.03.2022 01.03.2022 06.03.2022 06.03.2022 06.03.2022 15.10.2022 15.10.2022 30.12.2022 30.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 31.12.2022 Machinery (Nonc Current Asset) Profit & Loss - Net income (Equity) :) SR 0.00 SR 0.00 Accounts receivable (Current asset) Purchase merchandise (Expense) Sales (Revenue) Downtown's shop rent The following are the transactions of CARI, INC during 2022: The company follows a periodic inventory system 04.01.2022 Purchases merchandise, in cash 01.03.2022 Sales merchandise, on credit 06.03.2022 Customer takes discount and pays 15.10.2022 Pays downtow's shop rent 30.12.2022 Purchases a machinery, in cash 31.12.2022 Closes beginning inventory 31.12.2022 Records the ending inventory 31.12.2022 Revenues & expenses balanced off Cost of sales (Expense) SR 80,000.00 SR 150,000.00 SR 142,500.00 SR 4,000.00 SR 35,000.00 SR 30,000.00 SR 12,000.00 TBD TRIAL BALANCE 31.12.2022 CREDIT ACCOUNT DEBIT DEBIT BALANCE CREDIT BALANCE BALANCE SR 0.00 SR 0.00 SR 0.00 SR 0.00 SR 0.00 01.01.2022 A= E + L Statement financial position Non-current assets Equity Capital (Equity) SR 120,000.00 Non-current liabilities Current assets Inventory-merchandise (Current asset) Cash (Current asset) SR 30,000.00 SR 90,000.00 Current liabilities Total SR 120,000.00 Total SR 120,000.00 31.12.2022 A= E + L Statement financial position Non-current assets Equity SR 0.00 SR 0.00 SR 0.00 Current assets Non-current liabilities SR 0.00 SR 0.00 Current liabilities Total SR 0.00 Total SR 0.00 P&L and other comprehensive income 2022 Revenues Cost of sales Gross profit Selling Administrative Operating profit Finance cost Profit before tax Income tax Net profit Other comprehensive income Total comprehensive income for the year SR 0.00 Accrual based :)