Fac2601 2019 Study guides, Study notes & Summaries

S - The study-notes marketplace FAC2601 EXAM PACK UNIVERSITY EXAMINATIONS January/February 2021 FAC2601 FINANCIAL ACCOUNTING FOR COMPANIES 100 Marks Duration 2 Hours This paper consists of 8 pages. Instructions: Download this paper as soon as it has been accessed. Remember to complete and adhere to the Honesty Declaration. Please upload submission in PDF-format, single file not larger than 20Mb be...

FAC2601 Exam Pack 2021. QUESTION 1 (10 marks) (12 minutes) This question must be answered in your examination answer book – please only write down the number that you think is correct. Each question has only one correct answer. The marks per question are indicated in brackets at the end of each question. (a) 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 Proc...

FAC2601 ASSIGNMENT 2 SEMESTER 1 - 2022 | Prepare the “Asset” section of the Statement of financial position of Laduma Ltd as at 30 June 2019, in compliance with International Financial Reporting Standards (IFRS). 3 LADUMA LTD STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2019 Assets R Non-current Assets Property Plant and Equipment 4 324 875 Investment in Subsidiary 45 000 Current Assets Inventory 723 000 Trade and Other Receivables

FAC2601 - Financial Accounting For Companies Semesters 1 and 2 3/2022. FIRST SEMESTER 2022 ASSIGNMENT 02 (30 marks) (36 minutes) The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost 1, 2 1 200 000 Plant and machinery at carrying amount (1 July 2019) Furniture and equipment at cost 2, 3, 5 4, 5 2 100 000 600 000 - Accumulated depreciation on furniture and equipment (1 Jul...

FAC2601 - Financial Accounting For Companies Assessment 2_6 April 2022. ASSIGNMENT 02 (30 marks) (36 minutes) The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost 1, 2 1 200 000 Plant and machinery at carrying amount (1 July 2019) Furniture and equipment at cost 2, 3, 5 4, 5 2 100 000 600 000 - Accumulated depreciation on furniture and equipment (1 July 2019) 4, 5 (120 ...

FAC2601 ASSIGNMENT 02 SEMESTER 1 & 2 2021 VERIFIED. PART A DILATA Ltd Statement of financial position as at 30 June 2020 1. NOTE: PROPERTY, PLANT & EQUIPMENT Land Factory & Office buildings Machinery & Equipment Motor vehicles Total Balance at the beginning 1 JUL 2019 1 000 000 2 328 000 1 920 000 410 000 5 658 000 Cost 1 000 000 2 400 000 3 000 000 645 715 7 045 715 Accumulated depreciation - (72 000) (1 080 000) (235 715) (1 387 715) Revaluation 500 000 - - - 500 00...

The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost 1, 2 1 200 000 Plant and machinery at carrying amount (1 July 2019) Furniture and equipment at cost 2, 3, 5 4, 5 2 100 000 600 000 - Accumulated depreciation on furniture and equipment (1 July 2019) 4, 5 (120 000) Additional information: 1. Bell Crest Ltd owns property in Germiston, situated on stand 50, that it occupies fo...

This question must be answered in your examination answer book – please only write down the number that you think is correct. Each question has only one correct answer. The marks per question are indicated in brackets at the end of each question. (a) 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 i...

FAC2601 EXAM PACK 2021 THIS PAPER CONSISTS OF EIGHT (8) PAGES PLEASE NOTE: 1. This paper consists of THREE (3) questions. 2. All questions must be answered. 3. Basic calculations, where applicable, must be shown. 4. Ensure that you are handed the correct examination answer book (blue for accounting) by the invigilator (only applicable for venue based exams). 5. Each question attempted must be commenced on a new (separate) page. 6. PROPOSED TIMETABLE: (Avoid ...

Financial Accounting for Companies FAC2601 Semesters 1 and 2 Department of Financial Accounting The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost 1, 2 1 200 000 Plant and machinery at carrying amount (1 July 2019) Furniture and equipment at cost 2, 3, 5 4, 5 2 100 000 600 000 - Accumulated depreciation on furniture and equipment (1 July 2019) 4, 5 (120 000) Additi...