Task A) Based on this trial balance , Make a (Proforma statement) Profit & Loss account and balance sheet tables.

Task B) Analyze the financial performance of Majan International L.L.C. Using Liquidity and Profitability ratios based from the pro-forma statements prepared.

Majan International LLC Trial Balance as at 31 December 2019 Account Title Deblt Credit $ Share Capital 150,000 Furniture & Fixture 20,000 Building 90,000 Creditor 25,000 Debtors 30,000 Cash 52,000 Sales 90,000 Cost of sales 28,000 45,000 General and Administration Expense Total 265,000 265,000