Financial Statements

a$)$ Create an Income Statement $($sometimes called a "Profit and Loss Statement"$)$ for an imaginary $($i$.$e$.$ not real$)$ company which is profitable, showing all of the elements and calculations that such a financial statement usually contains

b$)$ Create a Balance Sheet for an imaginary $($i$.$e$.$ not real$)$ company which manufactures products, showing all of the elements and calculations that such a financial statement usually contains