Rahat has not kept a complete set of double entry records. She knows the details of her assets and liabilities at the beginning and at the end of the year. Which extra information does Rahat need so that she can prepare her income statement for the year?
- Aa statement of affairs at the start of the year
- Ba summary of receipts and payments for the year
- Cthe amount of her capital at the end of the year
- Dthe rate of inventory turnover for the year