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FAC3701 ASSIGNMENT 2 GUIDE

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A GUIDE WHICH MAKES IT EASIER FOR ONE TO COMPLETE ASSIGNMENTS. WISH YOU THE BEST

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Institution: University of South Africa (Unisa)
Course: FAC3701 - General Financial Reporting (FAC3701)

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Uploaded on: March 7, 2023
Number of pages: 1
Written in: 2022/2023
Type: Exam (elaborations)
Contains: Questions & answers

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FAC3701 ASSIGNMENT 2 – SEMESTER 2 OF
2017
1. 3

100
2. 4 (786 600 ∗ ∗ 28%) = 𝟏𝟗𝟑 𝟐𝟎𝟎
114

3. 4

4. 3 (30 000 − 20 000) = 𝟏𝟎 𝟎𝟎𝟎

5. 2

6. 3 (10 000 ∗ 28%) = 𝟐 𝟖𝟎𝟎

7. 4 (20 000 ∗ 72%) = 𝟏𝟒 𝟒𝟎𝟎

8. 1

28 February 2017 = 6 375 000
28 February 2018 = [6 375 000 − (6 375 000 ∗ 10%)] = 𝟓𝟕𝟑𝟕 𝟓𝟎𝟎

9. 5

7 500 000
28 February 2017 = [7 500 000 − ( ) = 𝟔 𝟐𝟓𝟎 𝟎𝟎𝟎
6
7 500 000
28 February 2018 = [6 250 000 − ( ) = 𝟓 𝟎𝟎𝟎 𝟎𝟎𝟎
6

10. 2

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