No. 1(a): Preparation of the Income Statement of ConEct for the year ended 31st January, 2012:
Now that the workings have been completed, the Income Statement of ConEct for the year ended 31stJanuary, 2012 can be prepared.
No. 1(b): Below is the classified Balance Sheet of ConEct as at 31st January, 2012:
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The author holds a Bsc (Hons) Degree in Applied Accounting from Oxford Brookes University, England and enjoys a successful career as an Accounting Supervisor and a private tutor.