please solve ASAP Your answer is partially correct.

Using the transaction data above, prepare $(1)$ a cash basis statement of financial position and $(2)$ an accrual basis statement of

financial position as at January $31,2023.($List Current Assets in order of liquidity.$)$

Martinez Sales and Service

Statement of Financial Position

Assets

Liabilities and Owners' Equity On January $1,2023,$ Caroline Lampron and Jenni Meno formed a computer sales and service enterprise in Montreal by investing

$$117,000$ cash. The new company, Martinez Sales and Service, had the following transactions in January:

Paid $$7,800$ in advance for three months' rent of office, showroom, and repair space.

Purchased $40$ personal computers at a cost of $$1,950$ each, six graphics computers at a cost of $$3,900$ each, and $25$ printers

at a cost of $$585$ each, paying cash on delivery.

Sales, repair, and office employees earned $$16,380$ in salaries during January, of which $$3,900$ was still payable at the end of

January.

Sold $30$ personal computers for $$3,315$ each, four graphics computers for $$5,850$ each, and $15$ printers for $$975$ each. Of the

sales amounts, $$97,500$ was received in cash in January and $$39,975$ was sold on a deferred payment plan.

Other operating expenses of $$10,920$ were incurred and paid for during January, $$2,600$ of incurred expenses were payable

at January $31.$