Question 2 This is a two-part question. If you choose to answer this question, you must answer Q2.1 and 2.2. Read the case study below and answer the questions based on the case study. LDF Limited (LDF) is a company listed on the Johannesburg Securities Exchange (JSE). LDF is a conglomerate with investments in multiple industries. You are the company secretary and have two members of staff assisting you. One of your junior members of staff attended the board of directors meeting in which the first draft of the financial statements was presented for the financial year ended 30 June 2020. Below is an extract of such financial statements and the junior's comments: LDF Limited Statement of Comprehensive Income for the year Note 2020 2019 Comments Revenue 1 1 000 900 No presentation currency given Cost of Sales 2 (350) (300) Depreciation 2 (100) (100) Amortisation 2. (80) (80) Function method used, so appropriate. CFO confirmed we use the function method. Selling Costs 2 (20) (16) ( ) Water and Utilities 2 (8) Question 2 This is a two-part question. If you choose to answer this question, you must answer Q2.1 and 2.2. Read the case study below and answer the questions based on the case study. LDF Limited (LDF) is a company listed on the Johannesburg Securities Exchange (JSE). LDF is a conglomerate with investments in multiple industries. You are the company secretary and have two members of staff assisting you. One of your junior members of staff attended the board of directors meeting in which the first draft of the financial statements was presented for the financial year ended 30 June 2020. Below is an extract of such financial statements and the junior's comments: LDF Limited Statement of Comprehensive Income for the year Note 2020 2019 Comments Revenue 1 1 000 900 No presentation currency given Cost of Sales 2 (350) (300) Depreciation 2 (100) (100) Amortisation 2. (80) (80) Function method used, so appropriate. CFO confirmed we use the function method. Selling Costs 2 (20) (16) ( ) Water and Utilities 2 (8)