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

Business Decision Making July 20 Intake

You are provided below the Trial Balance of dysn Ltd for the year ended 31 March 2020. You are required to:Prepare Dysn Ltd Statement of Profit or Loss (Income Statement) statement of account for the year ended 31 March 2020.Prepare Dysn Statement of Financial Position as at 31 March 2020. Identify 3 possible limitations of Dysn Ltd Statement of Profit or Loss (Income Statement) for the year ended 31 March 2020.Identify 3 possible limitations of Dysn Ltd Statement of financial position (balance sheet) as at 31 March 2020.Explain how Dysn Ltd can effectively manage the following:a) Inventory Daysb) Trade Payable Daysc) Trade receivable Days