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  • University Of South Africa (Unisa)
  • FAC3701 - General Financial Reporting (FAC3703)
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FAC3703 Assignment 1 Semester 1 2021 #823518 - COMPLETE

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Answers to FAC3703 Assignment 1 Semester 1 2021 # I keep the price low for I too am a student

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FAC3703
Assignment 1
Semester 1
2021

Unique #823518

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PERFORMANCE LTD

Profit before tax

Profit before tax includes the following:

Profit on disposal - R-Series Machine
12 000 000 - (15 000 000 - 15 000 x
2.5)] 3,250,000.00
Finance income (C1)
(831 922.75 + 238 813.85) 1,070,736.60
Income 4,320,736.60

Depreciation (15 000 000/6 x 4/12) 833,333.33
Expenses 833,333.33

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