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ASSIGNMENT SOLUTIONS

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FULL SOLUTIONS TO ASSIGNMENT 1

Institution
University Of South Africa (Unisa)
Course
FAC2601 - Financial Accounting And Reporting








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Z. R. Koppeschaar, J. Rossouw, H. A. Van Wyk, Kōstas A. Papageōrgiou, C. Smith, A. Schmulian Introduction to IFRS
  • 2019
  • 9780639003757
  • Unknown

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Institution
University of South Africa (Unisa)
Course
FAC2601 - Financial Accounting And Reporting
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FAC2601
ASSIGNMENT 1
2021
PREVIEW:

1) OPTION 3 (R 1 495 000)

Ordinary share capital
R5 000 000/R0.50 = R10 000 000

Ordinary shares + Proceeds of ordinary shares
= R10 000 000 + R1 500 000
= R11 500 000

Ratio – 1:5

R11 500 000/5 = R2 300 000
R2 300 000 * R0,65 = R1 495 000

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