Question: Question 2 Daniel Tibbs does not keep his books on the double entry system. His bank summary amount for 2 0 2 4 is as

Question 2 Daniel Tibbs does not keep his books on the double entry system. His bank summary amount for 2024 is as follows: Records of cash paid were sundry \$122, trade creditors \$642. Cash sales amounted to \$698; cash drawings were \$5289. The following information is also available: Required: A. Statement of Affairs as at January 1,2024 B. Cash Account \& Bank Account (15 marks) C. Accounts Receivables \& Accounts Payables Control A/Cs to determine sales and purchases (6 marks) Income Statement for the year ended 31 December 2024(10 marks) D. Statement of Financial Position as at December 31,2024(12 marks) Note: Show all workings.
Question 2 Daniel Tibbs does not keep his books

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