Please prepare income statement and balance sheet:

Prepare general journal entries to record the following transactions (no descriptions required, leave a line between each separate journal entry): March 1 Joe invested $25,000 in cash. 2 Paid $2,700 in cash for the first three month's rent. 5 Purchased treadmills for $15,000, paying $9,000 in cash and financed the remainder with a bank loan. 7 Clients paid $4,000 for training programs to be provided in June of 2020. 10 Received a bill for $750 for advertising for the current month. 13 Billed $1,500 to clients for training sessions provided in first week of March. 15 Paid $500 of the bill received on March 10. 25 Received a cheque for $1,300 from a client in payment of training fees billed on March 13. 29 Joe withdrew $800 in cash to buy a new iPhone for his daughter