(a(i))[3]
Calculate the profit earned on the joint venture.
(a(ii))[5]
Calculate the amount paid to each party when the joint venture bank account was closed, for Ajlal and Daneen.
(b)[6]
Prepare the joint venture bank account for August 2022.
(c)[3]
Discuss whether it was reasonable to divide the profit equally.
(d)[4]
Advise Ajlal whether she should enter another joint venture, or work alone while employing an assistant to help her run the stall. Justify your answer.
(e)[2]
Explain which business entities would need the services of an auditor.
(f)[2]
State two points which should be included in an unqualified audit report.