Question: Note: Every assignment is an individual submission. Assignment should only be submitted in BBL in Excel version. .Copying from others may result in committing

Note: Every assignment is an individual submission. Assignment should only be submitted

Note: Every assignment is an individual submission. Assignment should only be submitted in BBL in Excel version. .Copying from others may result in committing mistakes and losing the marks. Bank A\R Loan 4,000 Capital 40,000 Fees 10,000 Rent Trial Balance Dr Cr 40,000 10,000 4,000 a) Construct an income statement (10 marks) b) Construct a balance sheet (15 marks) e) Business made a profit (T\F) (2 marks) d) What was the Total Debt to assets ratio for this business (3 marks)

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