Explain, with reasons, which treatment yes Inel is appropriate for S'in Veggy Foods Lid bearing in mind that an investment in another business may be either a fixed asset or a current asset UMRI Portis received a legacy of 50,000 from her grandmother so she was able to fulfil a standing desire to open a fashion boutique On 1 January 1992 she opened a business bank account with the full amount of the legacy She was so determined to get the business started that she paid little attention to establishing a full set of accounting records. Only very basic records were kept Also on 1 January 1992 she rented premises at a rental of 750 per month payable quarterly in advance. The first payment was made on 3 January 1992 At 31 December 1992 a summary of Portia's bank transactions revealed the following Receipts Legacy Cash banked 50.000 269,0 Payments Rent Fixtures/equipment Business rates 6,750 21/670 2,400 wages 410 per week (50 weeks); sundry expenses 15 per week (50 weeks): cash purchase