Grapes Haven Limited is a company with a primary interest in the viticulture industry. The company purchases large tracts of land and plants grapevines on these lands. When the grapes are ripe, they are harvested and sold to major vinters (winemakers). The company employs the best vignerons (a person who cultivates grapes for wine making) in the business and also boasts with the best grapes in the country. The founder and managing director, Mr Sweet Grapes, attributes the excellent quality of the grapes to their sophisticated planting process, soil quality and regular pruning, maintenance and weed control. You have been approached by the company to help resolve certain accounting issues pertaining to the year ended 31