(a)[3]
Calculate the amount of closing inventory at 30 September 2023.
(b)[8]
Prepare the statement of profit or loss for the year ended 30 September 2023. Use the space on page 4 to present your workings.
(c)[12]
Prepare the statement of financial position at 30 September 2023.
(d)[4]
State four provisions of the Partnership Act 1890 that would apply if there were no partnership agreement.
(e)[3]
State three possible disadvantages to a business of keeping a full set of accounting records.