(a)[18]
Prepare the corrected statement of financial position as at 31 December 2021.
(b)[2]
Indicate whether the two events listed in point 6 of the additional information are adjusting or non-adjusting events. 5 January 2022 6 January 2022
(c)[2]
Explain why a business may choose to revalue its non-current assets.
(d)[3]
Advise the directors whether they ought to make a provision for doubtful debts. Support your view.