Question: Part 2: Answer All Questions 1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data: 20 marks 1b.

 Part 2: Answer All Questions 1a. Prepare Comparative Statements - Balance

Part 2: Answer All Questions 1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in 1a, comment on the changes you observe for Equity capital, Land & Buildings, Plant & Equipment, Accounts receivable and Administrative expenses. 5 marks 2020 in BHD) 2021 (in BHD) 500 Equity capital 425 Net sales 5,250 4,500 200 Accounts payable 155 Inventory 260 290 Cost of goods sold 2,800 3,300 525 450 Plant and equipment 650 Non-current Liabilities 600 30 Cash at bank 45 850 Land & Buildings 650 Administrative expenses 600 570 450 Reserves 420 500 Selling expenses 550 180 Accounts receivable 120 Part 2: Answer All Questions 1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in 1a, comment on the changes you observe for Equity capital, Land & Buildings, Plant & Equipment, Accounts receivable and Administrative expenses. 5 marks 2020 in BHD) 2021 (in BHD) 500 Equity capital 425 Net sales 5,250 4,500 200 Accounts payable 155 Inventory 260 290 Cost of goods sold 2,800 3,300 525 450 Plant and equipment 650 Non-current Liabilities 600 30 Cash at bank 45 850 Land & Buildings 650 Administrative expenses 600 570 450 Reserves 420 500 Selling expenses 550 180 Accounts receivable 120

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