ANSWER PLZ

1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using HORIZONTAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in 1a, comment on the changes you observe for Preference share capital, Land & Buildings, Plant & Equipment, Accounts Receivable and Selling and Promotion expenses 5 marks 2020 (in BHD) 850 2021 (in BHD) 850 0 9,300 315 150 10,500 330 510 Equity share capital Preference share capital Sales revenue Accounts payable Stock of finished goods Cost of direct materials used Cost of direct labor Plant & Equipment 4-year Bank loan Cash at bank Cash at hand Land & Buildings Office and administrative expenses Reserves Selling and promotion expenses Accounts receivable 475 3,000 2900 950 3,050 2950 700 1,150 1,150 50 10 45 5 1,590 1,000 1,000 1,100 380 1,110 620 1,050 250 210 1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using HORIZONTAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in 1a, comment on the changes you observe for Preference share capital, Land & Buildings, Plant & Equipment, Accounts Receivable and Selling and Promotion expenses 5 marks 2020 (in BHD) 850 2021 (in BHD) 850 0 9,300 315 150 10,500 330 510 Equity share capital Preference share capital Sales revenue Accounts payable Stock of finished goods Cost of direct materials used Cost of direct labor Plant & Equipment 4-year Bank loan Cash at bank Cash at hand Land & Buildings Office and administrative expenses Reserves Selling and promotion expenses Accounts receivable 475 3,000 2900 950 3,050 2950 700 1,150 1,150 50 10 45 5 1,590 1,000 1,000 1,100 380 1,110 620 1,050 250 210