Question $1[30]$

Blitz $($Pty$)$ Ltd is a South African resident. It is a small business corporation that manufactures braai $($BBQ$)$ accessories and

products. The company$$s financial year ends on $28/29$ February. Blitz $($Pty$)$ Ltd is a registered vat vendor and the company

does not apply IFRS $9$ for financial reportin g purposes.

The f ollowing inf ormation is available f or the year ended $29$ February $2024($all amounts exclude VAT unless otherwise