(a(i))[6]
Calculate the value of Nala’s inventory as at 28 February 2022.
(a(ii))[1]
State the accounting principle used when valuing inventory.
(b(i))[4]
Fill in the table by inserting a tick (✓) to show how Nala should record each item of expenditure.
(b(ii))[2]
Explain how the materiality principle affects the treatment of non-current assets.
(c)[2]
Fill in the table by placing a tick (✓) to show the effect of the error on capital and on liabilities.
(d)[5]
Advise Nala whether she ought to change her depreciation method. Justify your answer.