FAC2601
ASSIGNMENT 1
SEMESTER 1 2025
, Started on Friday, 28 March 2025, 2;01 PM
State Finished
Completed on Friday, 28 March 2025, 3;01 PM
Time taken 1 hour
Question 1
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Question text
The issued share capital of CCM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 7 550 000
All the ordinary shares were originally issued at R10 each no additional shares
were issued up to the beginning of the current financial year.
During the current financial year ended on 28 February 2025, a further 155 000
ordinary shares were issued. At the end of the current financial year the directors
decided to make a capitalisation issue of one ordinary share for every five
ordinary shares held at R8 per share.
Required:
What is the number of capitalisation shares issued during the 2025 financial
year?
1.
R182 000
2.
R179 000
3.
R185 000
4.
R192 000
Question 2
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Question text
The issued share capital of TLM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 2 250 000
All the ordinary shares were originally issued at R5 each no additional shares
were issued up to the beginning of the current financial year.
ASSIGNMENT 1
SEMESTER 1 2025
, Started on Friday, 28 March 2025, 2;01 PM
State Finished
Completed on Friday, 28 March 2025, 3;01 PM
Time taken 1 hour
Question 1
Complete
Marked out of 2.00
Flag question
Question text
The issued share capital of CCM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 7 550 000
All the ordinary shares were originally issued at R10 each no additional shares
were issued up to the beginning of the current financial year.
During the current financial year ended on 28 February 2025, a further 155 000
ordinary shares were issued. At the end of the current financial year the directors
decided to make a capitalisation issue of one ordinary share for every five
ordinary shares held at R8 per share.
Required:
What is the number of capitalisation shares issued during the 2025 financial
year?
1.
R182 000
2.
R179 000
3.
R185 000
4.
R192 000
Question 2
Complete
Marked out of 2.00
Flag question
Question text
The issued share capital of TLM (Pty) Ltd on 1 March 2024, consist of:
R
Ordinary Share Capital 2 250 000
All the ordinary shares were originally issued at R5 each no additional shares
were issued up to the beginning of the current financial year.
