Question: Section c: Problem solving (Total: 10 marks) Exerciso 1: (ii) trade company purchased the tooling equah Company disclosed to the zakat authonity trade creditors on

Section c: Problem solving (Total: 10 marks) Exerciso 1: (ii) trade company purchased the tooling equah Company disclosed to the zakat authonity trade creditors on credit and the tooling equipment amounting to $7,000 from one the their trade creditors. One of the suppliers who agreed for the paymat part of the stocks has been acquired from for accounted for liabilities. a fith of the total Inventory. amount of debtors ad debts for the year ended 2021 is expected to be 12% of the total Required. method and Net Invested Fund method payable based on the Net Current Assets (10 marks) Section c: Problem solving (Total: 10 marks) Exerciso 1: (ii) trade company purchased the tooling equah Company disclosed to the zakat authonity trade creditors on credit and the tooling equipment amounting to $7,000 from one the their trade creditors. One of the suppliers who agreed for the paymat part of the stocks has been acquired from for accounted for liabilities. a fith of the total Inventory. amount of debtors ad debts for the year ended 2021 is expected to be 12% of the total Required. method and Net Invested Fund method payable based on the Net Current Assets (10 marks)

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