Question $1$

On January $1,2020,$ GreenTar Inc. entered its second year of operations. The business provides

environmental surveying services. On December $31,2020,$ Tara Green, the owner, finalized the company's

records, which showed the following items:

repare an income statement, a statement of changes in equity and a balance sheet. There is no owner

vestment. Worth $18\mathrm{.}5$ marks