Question $1$

The statement of financial position of ideal Trading Ltd as at $30$ June $2023$ is reproduced below. Statement of Financial position

Assets

Account Receivable

Less: Provision for doubtful debts

Inventories

Accrued revenue

Investments

Loan

Property, plant and equipment

Less: Accumulated depreciation

Total Assets

Liabilities

Account Payable

Current Tax Payable

Accrued Expenses $($Salaries & Wages$)$

Revenue received in advance

Deferred tax liability

Borrowings

Total Liabilities

$\backslash$table$[[K$