$.$ Through your study of the accounting course, answer the following:

First branch :

Assuming that on $1/1/2023$ your own commercial company has been established and the company has completed its first financial year.

Required

$$ Formulate a different financial process for each month, starting from the founding of the company until the end of the first fiscal year?

$.$ Make the necessary daily entries for all previous operations?

$.$ Posting the transactions to the ledger and preparing the trial balance?

Second section:

Referring to the trial balance prepared in the previous question, do the following

$$ Preparing the income statement for the financial period ending on $12/31/2023.$

$$ Preparing the statement of financial position $($budget$)$ as of $12/31/2023.$