(a)[2]
State two aims of the financial statements of a limited company.
(b)[15]
Prepare the income statement covering the year ended 31 January 2017.
(c)[4]
Prepare the statement of changes in equity for the year ended 31 January 2017. (No total column is needed.)
(d)[4]
Advise the directors on which option they ought to choose. Support your answer.