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REQUIRED: Prepare the following for XYZ Traders: 1.1 Statementof Financial Position as at 31 December 2021 (11Marks)1.2 Statement of Changes in Equity for the year

REQUIRED: Prepare the following for XYZ Traders: 1.1 Statementof Financial Position as at 31 December 2021 (11Marks)1.2 Statement of Changes in Equity for the year ended 31December 2021 (5Marks Additional information: 1. The following balances appeared on XYZ Traders on 1 January 2021: 2. The profit for the year ended 31 December 2021 was R2 000. 3. The owner took R1 200 cash from the busine 1 answer

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