QUESTION $2$

$(20$ Marks$)$

REQUIRED

Use the information provided below to prepare the following:

$2\mathrm{.}1$ Pro Forma Statement of Comprehensive Income for the year ended $31$ December $2024$

using the percentage$-$of$-$sales method.

$2\mathrm{.}2$ Pro Forma Statement of Financial Position as at $31$ December $2024.$

INFORMATION

The following information was provided by Sharpe Ltd to assist with the preparation of the pro forma financial

statements for the financial year ended $31$ December $2024$: