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Financial Accounting 1 (HFAC130-1)2023
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---12September 20232023/2024A+
- Financial Accounting 1 (HFAC130-1)2023 
 
Atlas Ltd., a South African company, specialises in importing and distributing hightech machinery components for the manufacturing sector. The company sources 
these components from a renowned American supplier and sells them to various 
manufacturers across South Africa. Atlas Ltd.'s financial year-end is 30 June. 
On 02 January 2023, Atlas Ltd. made a deposit of R100 000 to secure the purchase 
of machinery components valued at R500 000. These compone...
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