how can i solve quastion no. 3

- Presented below is information related to Collen Company. During the month of December 2022, the follewing events and transactions eccurred: 1. 1" Dec, Sharcholders invested 50,000 SAR, cash in exchange for ordinary shares. 2. 2at Dec, Hired employees to begin work on December 27th, at a salary of 4,000 S.AR per month. 3. 3nt Dec, Purchased 2,500 S,AR of supplies on account. 4. 7t Dec, Paid office rent of 1,000SAR cash for the month of December. 5. 10hDec, Received cash of 1,200SAR for services performed. 6. 15th Dec, Completed a tax assignment and billed client 5,800 SAR for services performed for Como Company on account. 7. 20t Dec, Received 3,500 SAR eash advance on a management consulting engagement Page I of 2 Course Instroctor: Lect. Ahoud Alfophani 8. 24th Dec, Received cash of 5,800 SAR for services performed for Como Company. 9. 27th Dec, Paid employees 4,000 SAR salary for the month in cash. 10. 31 Dec, Paid dividend 2,000 SAR cash. Instructions: 1. Analyze the above transactions by using the financial accounting equation. 2. Journalize the above transactions. 3. Post to the appropriate ledger accounts. 4. Prepare a Trial Balance in a good form, Dec 31, 2022 5. Prepare an Income Statement, Dee 31, 2022. 6. Prepare a classified Balance Sheet (Financial Position Statement) at Dec 2022. 7. Prepare a presentation for the above including the followings: a. Students Names (Group members). b. Each student will present a part with an explanation for her part