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Exam (elaborations)

FAC2601 ASSIGNMENT 2 SEMESTER 2 2022

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This document contain FAC2601 ASSIGNMENT 2 SEMESTER 2 2022 Answers and 100% TRUSTED Calculations

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








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Institution
University of South Africa (Unisa)
Course
FAC2601 - Financial Accounting And Reporting (FAC2601)
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Written in
2022/2023
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SANKOFA LTD

Statement of financial position as at 30 June 2020

ASSETS

NON-CURRENT ASSETS 4 532 985

Property Plant and Equipment (Note 1) 3 398 985

Investments (W4) 100 000

Financial assets (note 3) (84 000 + 950 000) 1 034 000



CURRENT ASSETS 627 600

Inventory (W5) (126 100 + 90 300 + 78 200) 294 600

Trade and other receivables 220 000

Financial assets (w4) 90 000

Cash and cash equivalent 23 000



TOTAL ASSETS 5 160 585

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