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a ) In a new worksheet, prepare an Income statement, a balance sheet, and a statement or changes In equity for 31 July 2019. Your

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a ) In a new worksheet, prepare an Income statement, a balance sheet, and a statement or changes In equity for 31 July 2019. Your statements should show the result of the following: 1. How well did your business do in its first month of operations? 2. How did this affect your capital account? b) In a different worksheet draw a graph to visualise the financial performance of your company in an Excel spreadsheet. Hint: Your graphs could visualise the following ratios: 1. Expense to sales ratio 2. profit margin ratio c) provide a brief explanation about the financial performance of your company

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