Question: Request you to please solve the attached question. 1. Balance sheet of J limited for the last 3 years: You are required: 1. Prepare the

Request you to please solve the attached question. 1. Balance sheet

Request you to please solve the attached question.

1. Balance sheet of J limited for the last 3 years: You are required: 1. Prepare the Income Statement for all three years. 2. Evaluate the position of the company regarding profitability and liquidity based on information supplied to you. 3. What additional information is required to evaluate the position of the company? (14) 1. Balance sheet of J limited for the last 3 years: You are required: 1. Prepare the Income Statement for all three years. 2. Evaluate the position of the company regarding profitability and liquidity based on information supplied to you. 3. What additional information is required to evaluate the position of the company? (14)

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