Prepare Dysn Ltd Statement of Profit or Loss (Income Statement) statement of account for the year ended 31 March 2020

Task2

Prepare Dysn Statement of Financial Position as at 31 March 2020.

Task3

Identify 3 possible limitations of Dysn Ltd Statement of Profit or Loss (Income Statement) for the year ended 31 March 2020

Task4

Identify 3 possible limitations of Dysn Ltd Statement of financial position (balance sheet) as at 31 March 2020.

Task5

Explain how Dysn Ltd can effectively manage the following:

a) Inventory Days
b) Trade Payable Days

c) Trade receivable Days