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Seen Case Study $1-$Accounting$-$Ratios and Accounting Transactions$-$Bella limited

You are the new accountant for Bella Limited, having replaced a long$-$term temporary Bookkeeper. The Directors have asked you to give them a broad overview of how the business has been performing over the last couple of years. Before she left, the bookkeeper managed to print off some draft accounts from their electronic accounting system. There were also a few transactions she did not have a chance to ask the accountant about. Details of this information is as below.

i$)$ Draft accounts

Whe following are extracted from the draft financial statements of Bella Limited:$-$