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Exam (elaborations)

FAC2601 EXAM PACK 2022

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Uploaded on
August 10, 2022
File latest updated on
August 26, 2022
Number of pages
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Written in
2022/2023
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FAC2601
Assignment 2 Semester 2 2022

UNIQUE NUMBER: 174991


Solutions, Explanations, workings, and references



+27 81 278 3372

, SANKOFA LTD

Statement of financial position as at 30 June 2020

ASSETS

Non-Current Assets 4 532 985,00

Property Plant and Equipment (Note 1) 3 398 985,00

Investments (C4) 100 000,00

Financial assets (84 000 + 950 000) (Note 3) 1 034 000,00


+27 81 278 3372 +27 81 278 3372
Current Assets 627 600,00

Inventory (126 100 + 90 300 + 78 200) C5 294 600,00

Trade and other receivables 220 000,00

Financial assets (C4) 90 000,00

Cash and cash equivalents 23 000,00



TOTAL ASSETS 5 160 585,00



+27 81 278 3372 +27 81 278 3372




+27 81 278 3372 +27 81 278 3372
Varsity Cube 2022 +27 81 278 3372

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