Question: Question 5 ( 1 5 Marks ) Prepare the financial statements for the company using regular format ( not classified ) A . Income statement

Question 5(15 Marks)
Prepare the financial statements for the company using regular format (not classified)
A. Income statement (5 marks)
B. Statement of changes in equity (5 marks)
C. Statement of financial position (5 marks)
This is the second year of the company. Last year the company issued $60,000 in share capital.
Question 5(15 Marks) Prepare the financial statements for the company using

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