Question: table [ [ STATEMENT OF FINANCIAL POSITION AS AT 3 1 DECEMBER: ] , [ , 2 0 2 3 ( R ) ,

\table[[STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER:],[,2023(R),2022(R)],[Assets,],[Non-current assets,4640000,3920000],[Inventories,1440000,880000],[Trade and other receivables (Accounts receivable/Debtors only),720000,1000000],[Cash and cash equivalents,880000,680000],[7680000,6480000],[,,],[Equity and liabilities,],[Ordinary share capital,4000000,2600000],[Accumulated profit,1920000,1480000],[Non-current liabilities,960000,1640000],[Trade and other payables (Accounts payable/Creditors only),800000,760000],[,7680000,6480000]]
Additional information
The profit after tax for the year ended 31 December 2022 was R480000.
All purchases and sales of inventories are on credit.
END OF PAPER
TOTAL: 100 MARKS
\ table [ [ STATEMENT OF FINANCIAL POSITION AS AT

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