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Question 14 (10 marks) Statement of Financial Pasition pregered by lan using the account tormat. Greca concerned that the Statement of Fin ancial Pos tian

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Question 14 (10 marks) Statement of Financial Pasition pregered by lan using the account tormat. Greca concerned that the Statement of Fin ancial Pos tian is not correct end has asked vou to review is. Faldo's Golf Academy Statement of Financial Position as at 31st December 2021 Required: Assume that the account balances lan has used are correct. Prepare a corrected Statement of Financial Position for the business usirg the narrative format as at 31 st December 2021

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