(a(i))[6]
Calculate the value of Nala’s inventory at 28 February 2022.
(a(ii))[1]
State the accounting principle used to value inventory.
(b(i))[4]
Complete the table by putting a tick (✓) to show how Nala should treat each item of her expenditure.
(b(ii))[2]
Explain how the materiality principle is applied to the treatment of non-current assets.
(c)[2]
Complete the table by putting a tick (✓) to show the effect of the error on capital and on liabilities.
(d)[5]
Advise Nala whether or not she should change her depreciation method. Justify your answer.