Question: QUESTION 3 ( 1 1 marks ) Twice as Nice ( Pty ) Ltd is a newly established company, started by a friend of yours.

QUESTION 3(11 marks)
Twice as Nice (Pty) Ltd is a newly established company, started by a friend of yours. The company sells
secondhand clothing to the public. The company started trading 1 July 2023 and has a February year-end.
Your friend asks you for some advice relating to micro businesses.
You obtain an extract from the accounting records with the following information pertaining to the period
1 July 2023 to 29 February 2024:
End of Assessment 3
QUESTION 3(11 marks) Twice as Nice (Pty) Ltd is a newly

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