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Question No. 3: (LO3): As a junior accountant of a company you are required to download financial statements of your company to answer the following

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Question No. 3: (LO3): As a junior accountant of a company you are required to download financial statements of your company to answer the following questions. (18 Marks) 1. Most of the companies uses Multi-step Income statement, you are required to convert Income Statement of your company from Multi-step to Single Step. (10 Marks) 2. Give details of Revenue along with NOTE Number from the Notes disclosures portion. (2 Marks) 3. Details of Operating expenses (Administrative and Selling and Marketing). (2 Marks) 4. What is the current year depreciation and method used by your company, show the detail attached with Notes Disclosures and its relevant number. (2 Marks) 5. Show a picture of Retained Earnings statement or Equity Statement as an reverence to your assigned work with highlighting last year retained earning balance. (2 Marks) Question No. 3: (LO3): As a junior accountant of a company you are required to download financial statements of your company to answer the following questions. (18 Marks) 1. Most of the companies uses Multi-step Income statement, you are required to convert Income Statement of your company from Multi-step to Single Step. (10 Marks) 2. Give details of Revenue along with NOTE Number from the Notes disclosures portion. (2 Marks) 3. Details of Operating expenses (Administrative and Selling and Marketing). (2 Marks) 4. What is the current year depreciation and method used by your company, show the detail attached with Notes Disclosures and its relevant number. (2 Marks) 5. Show a picture of Retained Earnings statement or Equity Statement as an reverence to your assigned work with highlighting last year retained earning balance. (2 Marks)

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