(a(i))[1]
State the way a business sets up a general reserve.
(a(ii))[2]
Explain why a business might establish a general reserve.
(b(i))[5]
Prepare a statement for the year ended 31 December 2024 to show the profit from operations.
(b(ii))[12]
Prepare the statement of cash flows in line with IAS7.
(c)[5]
Advise whether or not CF Limited has made a wise decision to take over the delivery services. Justify your answer.