FAC2602 Assignment 2 semester 1 2024

Use the scenario loaded under additional resources to answer the following question.

The other comprehensive income in the consolidated statement of profit or loss and other
comprehensive income is:

1.

R300 000 + (R450 000 – R200 000 – R150 000) Answer




2.

R300 000 + (R450 000 – R150 000) x 80%




3.

R450 000

4.

R300 000 + (R450 000 x 80%)

Use the scenario loaded under additional resources to answer the following question.
The value of other expenses in the consolidated statements is:




1.
R750 000+ R600 000 – [(R310 000 – R240 000) – (R70 000 x 25% x 6/12)] x 25%



2.
R750 000 + R600 000 – (R310 000 – R240 000) x 25% x 18/12
3.
R750 000 + R600 000 – [(R310 000 – R240 000) – (R70 000 x 25% x 6/12)]
4.
R750 000 + R600 000 – (R310 000 – R240 000) x 25%
Use the scenario loaded under additional resources to answer the following question.
The pro-forma journal entry to eliminate the prior year intragroup depreciation
resulting from the sale of equipment is:

1.