Fac2601 assignment 2 se Study guides, Study notes & Summaries
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FAC2601 ASSIGNMENT 2 SEMESTER 2 - 2022 ()
FAC2601 Assignment 2 Semester 2 2022 Instant Delivery (Printed Pdf)
FAC2601 Assignment 2 Semester 2 2022
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FAC2601 Assignment 2 Semester 1 2022
- Other • 3 pages • 2023
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- R88,71
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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...
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FAC2601 Assignment 2 Semester 2 Solutions 2022
- Exam (elaborations) • 10 pages • 2023
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FAC2601 Assignment 2 
Semester 2 Solutions 
2022.SECOND SEMESTER 2022 
ASSIGNMENT 02 (30 marks) (36 minutes) 
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 
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FAC2601 Assignment 2 Semester 2 2022
Fac260 Assignment 02 Semester 2 2022 
Distinction Guranteed 
Workings and explanation
FAC2601 ASSIGNMENT 2 SEMESTER 2 - 2022 UNIQUE NUMBER:
FAC2601 Assignment 2 Semester 2 2022 
FAC2601 Assignment 2 Semester 2 2022 100% TRUSTED workings, explanations and solutions.
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