pls complete from task 1-task 3 thanks

TASK 1: CREATE A BUSINESS (STARTS IN JANUARY 2020) Must be a trading business Describe your business: Product - Choose only 1 product (What and why) Name of business and location (Where and why) List of managers List of assets (at least 2; state the cost and depreciation policy) TASK 2: TRANSACTIONS FOR DECEMBER 2020 Create business transactions and include the following: 2 cash purchase transactions (1 with trade discounts) 2 credit purchase transactions 2 cash sale transactions (1 with trade discounts) 2 credit sale transactions 2 payments from credit customers (1 with cash discounts) 2 payments to credit supplier (1 with cash discounts) 1 other income (no accruals or prepayments) 4 expenses (no accruals or prepayments) Prepare the journal entries and post it to the ledgers TASK 3: PREPARE FINANCIAL STATEMENTS Create your own balances Calculate depreciation for the year Estimate allowance for impairment of trade receivables (Why?) Prepare the statement of profit or loss Prepare the statement of financial position