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The business bought a significant amount of new fixed assets. What did they buy and...

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Accounting

The business bought a significant amount of new fixed assets. What did they buy and how did they pay for these fixed assets? Provide figures to support your answer. (20)
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Information: AJ Limited Statement of Comprehensive Income for the year ended 30 June 2022 AJ Limited Statement of Financial Position as at 30 June 2022 \begin{tabular}{|c|c|c|} \hline Shareholders' Equity and Liabilities & & \\ \hline Ordinary shareholders' equity & 6,670,000 & 5,150,000 \\ \hline Ordinary share capital (issued @ R5.00) & 5,000,000 & 4,000,000 \\ \hline Share premium & 800,000 & 600,000 \\ \hline Retained income & 870,000 & 550,000 \\ \hline Non-current liabilities & 1,440,000 & 1,160,000 \\ \hline Loan from AF Limited & 1,440,000 & 1,160,000 \\ \hline Current liabilities & 1,180,000 & 1,190,000 \\ \hline Creditors & 1,180,000 & 1,190,000 \\ \hline Total Equity and Liabilities & 9,290,000 & 7,500,000 \\ \hline \end{tabular} on the last day of the accounting period and all the depreciation relates to equipment. 2. Cash and Cash Equivalents Bank Cash float 3. Retained Income Retained income at beginning of year Net profit after tax Dividends paid and declared Retained income at end of year

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