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The following information was obtained from the records of MT Suppliers, a partnership business with Mary and lanya as parthen on 228 February 2023 (the

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The following information was obtained from the records of MT Suppliers, a partnership business with Mary and lanya as parthen on 228 February 2023 (the end of the financial year): Mary s capital balance was R600 000 on 28 February 2023 . She increased her capical contribulan by R200 000 on 01 December 2022 (and this was recorded). She eams interest at a rate of 15% per annum. Which one of the following reficcts Mary's interest on capital for the year ended 28 February 2023 ? A. R60000 B. R82 500 C. R67 500 D. R90000 Which characteristic is applicable to financial statements when provision is made for all known expenses and losses whecher the amount bs known for certain or just an estimate? A. Completeness B. Prudence C. Relevance D. Reliability

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