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Financial reporting I notes

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24 pages
2021/2022 Written for academic year
Institution
University Of Cape Town (UCT)
Course
Financial Accounting I (ACC2011S)
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These notes explain what dividends tax is and how to account for it at a first year accounting level; they explain fundamental concepts about company tax and how to calculate it. Additionally, they explain how investing in another company's shares work and how to account for its initial, subsequent and derecognition in journal entries. Lastly, the notes explain what PPE is, how it is recognised at all of its stages of the asset life cycle and at what cost, as well as how to account for depreciation (including the 3 methods of depreciation) and impairment

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January 3, 2022
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24
Written in
2021/2022
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Other
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Written by students who passed
Immediately available after payment
Read online or as PDF
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Browse related subjects

Subjects

  • accounting
  • dividends tax
  • withholding tax
  • tax
  • company tax
  • income tax
  • soce
  • share capital
  • share issue
  • share issue costs
  • investing
  • ppe
  • profit
  • statement of changes in equity
  • property plant and equipment
  • de

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