You are auditing safe tour for the year 30 June 2020. the financial reports will be signed by the director on 31 July 2020 with the auditors report signed on the same date. The audited financial report will be issued on 8th august 2020.after 30th June 2020, the following information has to come to light . 1. On the 4th July 2020 a property owned by safe tours Ltd was ruined by a flood resulting in an uninsured loss of inventory. (5 marks) 2. On 14th July Jungle Tours, one of Safe Tours major clients went into liquidation. Jungle Tours had invoices dating to 8th June 2020. (5 marks) Required For each of the above identify the following 1. Type of subsequent event 2. How each event will impact on the financial report for 30th June 2020