The company was established with authorized capital S of which S were in cash, S was in Building, S was in cquipment. The company has employees with salary

S Then it obtained office supplies from Intellect LLC by the price S but

paid in cash. Bought equipment by the price S but paid of the price. The company was supplied with goods from Craft LLC by the price S plus freightin charges in the amount of S During the month company makes sales amounting to $ to Barnes LLC and send them invoice. Barnes LLC paid in cash just S Ending inventory at the end of the month was S The utility expenses were S All the expenses were paid out.

a write income statement

b prepare balance sheet