MULTIPLE CHOICE (10 MARKS) Instructions to student: You are required to read each question carefully and select the most

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MULTIPLE
CHOICE (10 MARKS) Instructions to
student:
You are required to read each question carefully and select the
most correct answer
Use the following information to
answer questions 7 to 10
The following information relates to
Petunia Ltd for the year ended 28 February 2022
Land and buildings
2 000 0000
Equipment
200 000
Vehicles
120 000
Cash
20 000
Bank (unfavourable)
30 000
Creditors
10 000
Debtors
15 000
Inventory
80 000