FAC1601
EXAM PACK
1
, FINANCIAL
ACCOUNTING
REPORTING
2
,OCTOBER –
NOVEMBER
2017
3
, SOLUTION 1: CLOSE CORPORATIONS:
CALCULATION OF PROFIT OR LOSS FOR THE
YEAR, STATEMENT OF CHANGES IN NET
INVESTMENTS OF MEMBERS & STATEMENT OF
FINANCIAL POSITION
(a) BOOMSHAKA CC
CALCULATION OF PROFIT OR LOSS FOR THE YEAR ENDED 28
FEBRUARY 2017
4
EXAM PACK
1
, FINANCIAL
ACCOUNTING
REPORTING
2
,OCTOBER –
NOVEMBER
2017
3
, SOLUTION 1: CLOSE CORPORATIONS:
CALCULATION OF PROFIT OR LOSS FOR THE
YEAR, STATEMENT OF CHANGES IN NET
INVESTMENTS OF MEMBERS & STATEMENT OF
FINANCIAL POSITION
(a) BOOMSHAKA CC
CALCULATION OF PROFIT OR LOSS FOR THE YEAR ENDED 28
FEBRUARY 2017
4