I want to get the answer in less than an hour and get a high rating

Answer all questions You are a graduating student in accounts program. As part of the curriculum, you underwentan on- the job training in one accounting office here in Bahrain. You were given different tasks to be performed. Question 1 (This question provides evidence for CIL01) (25 points) Ahmed Hasan wants to open a garage business. He will start the business by providing quick repair and maintenance services. He is planning to open a limited company so that he can attract more investors. Ahmed wants you to do the following: 1.1 Assess the financial recording and reporting requirements of a limited company especially in terms of: legislation, taxation, and drawings. (9 points) 1.2 Ahmed was encouraged by his brother to put up a partnership instead of a limited company. Explain the possible reasons why it is difficult to put up a partnership in terms of taxation, possibility of disagreements and in sharing the profits. (9 marks) Taxation Possibility of disagreements Sharing profits