5. Explain the dual aspect concept: 6. Mulela Ltd is owed K25,000 by its debtors. 20% of these have been outstanding for the past two years and it is unlikely that the money will be collected. In addition it has a machine that is valued at K90, 000 in its books but due to new technology, it cannot be used in the business and can only be sold for K40, 000. At the end of the most recent financial year, the company showed the debtors and machine at K25, 000 and K90, 000 respectively. What accounting concept has been deviated from? 7. It is said that in order for information to be useful to its users, it must be free from material error and bias. What qualitative characteristic is this? Explain what the characteristic is about. 8. Mark Shane would like to invest in a company with good financial performance and approaches Ali Isaacs for advice on whethe Kapalongo Plc is one such company. After a few days Ali gives Mark the future investment plans of the business and tells him that the company recently employed a new CEO whose vision is to take it to 5 different countries in the region. Is this information relevant to Mark? Why or why not