TASK 1 a company called Toys4You Limited on I January 2018. The principle activity of the Company is to manufacture children's toys and sell them from his warehouse in Bugibba. His warehouse is rented out and he pays a rental charge every month. He has a few employees working in the manufacturing and delivery of the toys. He handles all sales to customers. He has bought 2 vans to deliver the toys and some machinery to be able to assemble the toys together. He has just closed off his first six months of business on 30 June 2018 and has not recorded any transactions so far. However, he is very organized and has kept a log of all the transactions that took place on a monthly basis. He has offered you a job to work for him as an Accounts Executive. He has passed on all the information to you and has asked you to record all the transactions manually (using the appropriate T accounts). He is curious as to whether his business has so far been profitable or not and has therefore asked you to draft a set of financial statements for the first 6 months of his business.