Fac2601 2022 Study guides, Study notes & Summaries

FAC2601 Assignment 2 Semester 2 Solutions 2022 FAC2601 - Financial Accounting And Reporting The following information was extracted from the accounting records of Sankofa Ltd on 30 June 2020: R Inventories (additional information 3) 305 300 Trade and other receivables 220 000 Trade and other payables 35 000 Dividends payable 5 000 Bank 23 000 Retained earnings (30/06/2019) 49 800 Long-term loan – Kwasi Ltd (additional information 4) 950 000 Land at cost 1 000 000 Buildings at cos...

FAC2602 Assignment 2 Answers for Semester 2, year 2022

THIS DOCUMENT CONTAINS EXPECTED SOLUTIONS AND WORKINGS TO ASSIGNMENT FAC2601 ASSIGNMENT 2 OF 2022 SEMESTER 1.

FAC2601 EXAM PACK 2022 FAC2601 - Financial Accounting And Reporting The following information regarding share capital in the accounting records of Mbaso Ltd was obtained on 28 February 2021: R Ordinary share capital at date of incorporation................................................................... 5 000 000 Proceeds on 800 000 ordinary shares issued – 31 August 2020 ....................................... 1 200 000 20 000 10% Cumulative preference shares ..........................

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 a cap...

Introduction and overview of the module ......................................................... ii LEARNING UNIT 1 Introduction to the preparation of financial statements .......................... 1 LEARNING UNIT 2 Financial statements of a sole proprietorship ........................................ 24 LEARNING UNIT 3 Establishment and financial statements of a partnership ...................... 46 LEARNING UNIT 4 Changes in the ownership structure of partnerships ..............

TAX2601 Assignment 3 *Answers* for Semester 1 2023 (). Answers are 100% accurate!

Latest exam pack questions and answers and summarized notes for exam preparation. Whatsapp 067 171 1739 for assistance. All the best on your exams!!

MAC2602 Assignment 2 (Answers) Semester 2 (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) Additions at cost 700 000 1 275 000 70 000 (14) Disposals (958 333) (9) (45 128) (16) Depreciatio...