(a)[8]
Prepare the income statement of Tadeen and Yadid for the year that ended on 30 April 2024.
(b)[5]
Prepare the appropriation account for Tadeen and Yadid for the year that ended on 30 April 2024.
(c(i))[1]
State one reason the partners might wish to reduce their drawings.
(c(ii))[1]
State the accounting principle that assumes the partners will keep trading indefinitely.
(d)[5]
Advise Tadeen and Yadid whether they should offer Raim a partnership or not. Support your answer with points both for and against offering Raim a partnership.