FAC2601 Financial Accounting And Reporting (FAC2601)
University of South Africa
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FAC2601 Assignment 2 Semester 1 2022
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FAC2601 Assignment 2 Semester 1 2022. FAC2601 - Financial Accounting And Reporting 
FAC2601 - Financial Accounting And Reporting
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FAC2601 ASSIGNMENT 02 SOLUTIONS, SEMESTER 1, 2022
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FAC2601 ASSIGNMENT 02 SOLUTIONS, SEMESTER 1, 2022 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.
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FAC2601 EXAM PACK 2022
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FAC2601 EXAM PACK 2022. This is a complete and an all-inclusive guide to FAC2601 - Financial Accounting And Reporting 
The following list of balances appear, amongst others, in the accounting records of Vusi Ltd on 
31 October 2020: 
Ordinary share capital (shares issued at R2.30 each) R1 265 000 
Proceeds of ordinary shares issued on 30 June 2020 R 540 000 
(Shares issued at R2.70 each) 
The following decision was taken and has not yet been recorded in the accounting records of 
Vusi Ltd as at ...
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FAC2601 Assignment 2 Semester 1 2022
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FAC2601 Assignment 2 Semester 1 2022. FAC2601 - Financial Accounting And Reporting
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FAC2601-Financial Accounting And Reporting Assignment 2 Semester 1 2022.
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FAC2601-Financial Accounting And Reporting Assignment 2 Semester 1 2022. QUESTION 1 
BELL CREST LTD 
NOTES TO NON-CURRENT ASSETS 
Property, plant and equipment 
 Land Buildings 
 Plant and 
machinery 
 Delivery 
vehicle 
 Furniture 
and 
equipment 
Carrying amount at the 
beginning of the year 800 000 1 025 000 2 100 000 55 000 480 000 
Gross carrying amount 800 000 1 200 000 3 733 333 (5) 84 615 (12) 600 000 
Accumulated depreciation - (175 000) (2) (1 633 333) (6) (29 615) (13) (120 000) 
Addi...
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FAC2601 EXAM PACK 2022
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FAC2601 
 EXAM 
 PACK 
 2022 | FAC2601 - Financial Accounting And Reporting 
The following list of balances appear, amongst others, in the accounting records of Vusi Ltd on 
31 October 2020: 
Ordinary share capital (shares issued at R2.30 each) R1 265 000 
Proceeds of ordinary shares issued on 30 June 2020 R 540 000 
(Shares issued at R2.70 each) 
The following decision was taken and has not yet been recorded in the accounting records of 
Vusi Ltd as at 31 October 2020: 
The directors decided on...
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FAC2601 EXAM PACK 2023
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questions with detailed answers
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FAC2601 UPDATED LATEST 2022 Exam Pack.
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FAC2601 UPDATED LATEST 2022 
Exam Pack. 
PART A 
DILATA LTD 
NOTES FOR THE YEAR ENDED 30 JUNE 2020 
1. Property, plant and equipment 
The land and buildings were revalued by an independent sworn appraiser 
Calculations 
Buildings 
Cost at 1 June 2019 = 2 400 000 
Accumulated depreciation at 1 June 2019 
June 2018 = 2 400 000 x 2% x 6/12 = 24 000 
June 2019 = 2 400 000 x 2% = 48 000 
Total = 48 000 + 24 000 = 72 000 
Additions during the year 
Depreciation to be capitalised = 20% x 1 920 000 x 4/...
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FAC2601_LATEST_EXAM_PACK_2019.
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FAC2601_LATEST_EXAM_PACK_2019. FAC2601 - Financial Accounting And Reporting.
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FAC2601 Assignment 2 Semester 1 2022
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FAC2601 Assignment 2 Semester 1 
2022 
Disclaimer 
Extreme care has been used to create this document, however the contents are provided “as is” 
without any representations or warranties, express or implied. This document is to be used for 
comparison, research and reference purposes ONLY. No part of this document may be 
reproduced, resold or transmitted in any form or by any means without prior written permission 
from the author. 
DOCUMENT PREVIEW 
BELL CREST LTD 
NOTES TO NON-CURRENT AS...
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