QUESTION ORDER IS DIFFERENT FOR EACH STUDENT
1 Use the scenario loaded under additional resources to answer the following question.
The profit for the year of Tsatsi Ltd that feeds into the attribution of total comprehensive income section
in the consolidated statement of profit or loss and other comprehensive income amounts to:
1.
R70 360 – R50 000
2.
R70 360 – R50 000 – R6 300
3.
R70 360 + R50 000
4.
R70 360 + R50 000 – R6 300
Profit for theyear: Tsatsi 70 360
Less: intragroup profit on sale of non-depreciable assets (50 000)
20 360
On consolidation only the profit made by the subsidiary is eliminated when doing
the analysis for the subsidiary
1 Use the scenario loaded under additional resources to answer the following question.
The profit for the year of Tsatsi Ltd that feeds into the attribution of total comprehensive income section
in the consolidated statement of profit or loss and other comprehensive income amounts to:
1.
R70 360 – R50 000
2.
R70 360 – R50 000 – R6 300
3.
R70 360 + R50 000
4.
R70 360 + R50 000 – R6 300
Profit for theyear: Tsatsi 70 360
Less: intragroup profit on sale of non-depreciable assets (50 000)
20 360
On consolidation only the profit made by the subsidiary is eliminated when doing
the analysis for the subsidiary
