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The following information is prepared by the accountant of Burma Limited as at 31 December 2023: Statement of financial position as at 31 December: 2023

The following information is prepared by the accountant of Burma Limited as at 31 December 2023: Statement of financial position as at 31 December: 2023 R 2022 R 2021 R ASSETS Noncurrent assets 400 000 200 000 440 000 Property, plant and equipment 400 000 200 000 440 000 Current assets 340 000 480 000 200 000 Inventory 60 000 160 000 120 000 Trade receivables 240 000 120 000 80 000 Cash and cash equivalents 40 000 200 000 Total assets 740 000 680 000 640 000 Equity and liabilities 740 000 680 000 64

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