Fac3703 assignment 1 2020 Study guides, Study notes & Summaries
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FAC3703 Specific Financial Reporting 2024 TL 201 1 E
- Exam (elaborations) • 8 pages • 2024
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FAC3703 Specific Financial Reporting 2024 TL 201 1 E 
3	SUGGESTED SOLUTION TO COMPULSORY ASSIGNMENT 01 FOR (STUDENTS REGISTERED FOR THE FIRST SEMESTER) 
 
RIDER LTD 
NOTES FOR THE YEAR ENDED 30 JUNE 2018 
2.	Profit before tax 
 
Profit before tax is stated after taking the following items into account: 
Expenses 
Finance costs	(156 638 [C1] + 60 670 [C4]) 
Depreciation – Right-of-use asset (Note 5.1) 
5.	Leases 
5.1 Right-of-use assets 
Carrying amount at the beginning of the year	[C3] 
Deprec...
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FAC3703 ASSIGNMENT 2 SEMESTER 1
- Exam (elaborations) • 5 pages • 2022
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FAC3703 
ASSIGNMENT 2 
SEMESTER 1 
ENZO LTD 
NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 
2017 
1. Profit before tax 
Profit before tax is shown after taking the following into account: 
2017 
R 
Income 
Finance Income (calculation 4) 79 966 
Expenses 
Finance cost (300 000 ∗ 2 ∗ 9%) 54 000 
2. Net Investment in finance leases 
2.1. Reconciliation of net investment in finance leases: 
2017 
R 
Opening balance 
New leases entered into 
Repayments of Capital (128 048 + 133 16...
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FAC 3703 ASSIGNMENT 1
- Exam (elaborations) • 4 pages • 2021
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FAC3703 ASSIGNMENT 1 – SEMESTER 1 OF 
2020 
Ultra Speed Ltd 
Notes for the year ended 31 March 2019 
1. Profit before tax 
Profit before tax is stated after taking the following items into account 
R 
Incomes 
Finance Income 85 406 
Expenses 
Finance Cost 
Depreciation: Right of use asset 
107 164 
300 536 
2. Leases 
2.1. Right of use asset 
Equipment 
R 
Carrying amount at beginning of year [
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FAC 3703 ASSIGNMENT 2
- Exam (elaborations) • 4 pages • 2021
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FAC3703 ASSIGNMENT 2 – SEMESTER 1 OF 
2018 
ENZO LTD 
NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 
2017 
1. Profit before tax 
Profit before tax is shown after taking the following into account: 
2017 
R 
Income 
Finance Income (calculation 4) 79 966 
Expenses 
Finance cost (300 000 ∗ 2 ∗ 9%) 54 000 
2. Net Investment in finance leases 
2.1. Reconciliation of net investment in finance leases: 
2017 
R 
Opening balance 
New leases entered into 
Repayments of Capital (128 0...
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FAC3703-Specific Financial Reporting ASSIGNMENT 2 SEMESTER 1 OF 2018.
- Exam (elaborations) • 4 pages • 2022
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- R58,53
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FAC3703-Specific Financial Reporting ASSIGNMENT 2 SEMESTER 1 OF 2018. ENZO LTD 
NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 
2017 
1. Profit before tax 
Profit before tax is shown after taking the following into account: 
2017 
R 
Income 
Finance Income (calculation 4) 79 966 
Expenses 
Finance cost (300 000 ∗ 2 ∗ 9%) 54 000 
2. Net Investment in finance leases 
2.1. Reconciliation of net investment in finance leases: 
2017 
R 
Opening balance 
New leases entered into 
Repa...
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FAC3703 - Specific Financial Reporting ASSIGNMENT 2 -SEMESTER 1 OF 2018.
- Exam (elaborations) • 4 pages • 2022
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- R56,64
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FAC3703 - Specific Financial Reporting ASSIGNMENT 2 -SEMESTER 1 OF 2018. 
ENZO LTD 
NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 
2017 
1. Profit before tax 
Profit before tax is shown after taking the following into account: 
2017 
R 
Income 
Finance Income (calculation 4) 79 966 
Expenses 
Finance cost (300 000 ∗ 2 ∗ 9%) 54 000 
2. Net Investment in finance leases 
2.1. Reconciliation of net investment in finance leases: 
2017 
R 
Opening balance 
New leases entered into 
...
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Fac3703 Assignment 1 - Semester 1 (2020)
- Answers • 5 pages • 2020
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Solutions to the 1st Assignment with full calculations
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FAC3703 ASSIGNMENT 1 2020
- Answers • 4 pages • 2020
- Available in package deal
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- R130,00
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Detailed calculations with notes
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FAC3703 ASSIGNMENT 1 SEMESTER 1 2020
- Answers • 6 pages • 2020
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- R50,00
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FAC3703 ASSIGNMENT 1 SEMESTER 1 2020 DETAILED SOLUTIONS AND GUARANTEED DISTINCTION
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FAC3703 Assignment 1 Semester 1 2020
- Other • 3 pages • 2020
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Detailed solution with calculations for FAC3703 Assignment 1 Semester 1 2020.