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please help fRequired: a) Calculate the capital amount as 31 December 2020. (3 marks) b) Prepare a Statement of Profit or Loss (Income Statement) for

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\fRequired: a) Calculate the capital amount as 31 December 2020. (3 marks) b) Prepare a Statement of Profit or Loss (Income Statement) for the year ended 31 December 2020 for J-Mart Smartshop. (12 marks) c) Draw up a Statement of Financial Position (Balance Sheet) as at 31 December 2020 for J-Mart Smartshop. (10 marks) (Total: 25 Marks)

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