AFE3692 Assignment 1 Question 1 (20 marks) 1. To provide relevant and reliable information to meet the users' needs, financial statements should be subject to certain constraints should also be subject to certain constraints. Describe three (3) of these constraints. (8 marks) sde 202 2. Avia Ltd is a retail business which has a financial year end 31 December. On 30 November 2020, the accountant recorded the following journal entry and it was posted to the ledger: Debit Credit Inventory (SFP) 20 000 Marathon Ltd (SFP) 20 000