QUESTION 2 (20 Marks) REQUIRED Use the relevant information from the transactions of AB Traders...
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Accounting
QUESTION 2 (20 Marks) REQUIRED Use the relevant information from the transactions of AB Traders provided below to answer the following questions: 2.1 Prepare the Statement of Changes in Equity for the month ended 31 March 2023 if the net profit for March 2023 amounted to R5 550. (4 marks) 2.2 Calculate the income earned for March 2023. (2 marks) 2.3 Prepare the Statement of Financial Position as at 31 March 2023. (14 marks)
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