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QUESTION 1 (30 MARKS) (a) Briefly explain THREE (3) type of finance. Highlight on the source of income, expenses and investment for each type. (12

QUESTION 1 (30 MARKS)

(a) Briefly explain THREE (3) type of finance. Highlight on the source of income, expenses and investment for each type.

(12 marks)

(b) Explain FOUR (4) financial statements that company need to prepare for accounting report with two example of items for each financial statements.

(12 marks)

(c) List SIX (6) example of assets.

(6 marks)

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