Question: QUESTION 1 (30 MARKS) (a) Briefly explain THREE (3) type of finance. Highlight on the source of income, expenses and investment for each type.

QUESTION 1 (30 MARKS) (a) Briefly explain THREE (3) type of finance.

QUESTION 1 (30 MARKS) (a) Briefly explain THREE (3) type of finance. Highlight on the source of income, expenses and investment for each type. (12 marks) (b) Explain FOUR (4) financial statements that company need to prepare for accounting report with two examples of items for each financial statement. (12 marks) (c) List SIX (6) example of assets. (6 marks)

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