Wa Alaikum Assalam! I can definitely guide you on how to prepare financial statements.

Financial statements are important documents that provide a summary of a company's financial activities. There are three main financial statements that a company prepares:

1. Income Statement: This statement shows the company's revenues and expenses over a specific period of time, usually a year or a quarter.

2. Balance Sheet: This statement provides a snapshot of the company's financial position at a specific point in time. It shows the company's assets, liabilities, and equity.

3. Cash Flow Statement: This statement shows the company's cash inflows and outflows over a specific period of time.

Here are the steps to prepare financial statements:

1. Gather all financial data: Collect all the financial information that you need to prepare the statements. This includes bank statements, invoices, receipts, and other financial documents.

2. Prepare the Income Statement: To prepare the income statement, start by listing the company's revenue sources. Next, subtract all the expenses from the revenues to get the net income.

3. Prepare the Balance Sheet: To prepare the balance sheet, list all the company's assets, including cash, inventory, and property. Next, list all the liabilities, such as loans and accounts payable. Finally, calculate the company's equity by subtracting liabilities from assets.

4. Prepare the Cash Flow Statement: To prepare the cash flow statement, list all the company's cash inflows and outflows. This includes cash from operating activities, investing activities, and financing activities.

5. Review and Analyze the Statements: Once the statements are prepared, review and analyze them to ensure accuracy and consistency.

6. Make Adjustments: If needed, make adjustments to the statements to reflect any changes in the company's financial position.

7. Present the Statements: Finally, present the financial statements to stakeholders, including investors, lenders, and management.

I hope this guide helps you in preparing financial statements. If you have any further questions, feel free to ask.