(d)    Prepare the Statement of Financial position on 30 Sep…

(d)    Prepare the Statement of Financial position on 30 September 2021.    Dew Limited Statement of Financial position t 30 September 2021.                                                                                                                                                                                                 (9)

QUESTION 1 Tembo opened a wholesale shoe business on 1 Augus…

QUESTION 1 Tembo opened a wholesale shoe business on 1 August 2020. He buys and sells on credit terms.  REQUIRED (a) (i)      State the purpose of a debit note received by Tembo from Abe, a credit customer.                                                           (1) (ii)     Complete the following table by placing a tick to indicate how Tembo would record this debit note in the account of Abe.                Credit Abe’s account Debit Abe’s account No entry     (1)