Vat abc Samenvattingen, Aantekeningen en Examens

Question 2 Not yet answered Marked out of 1.00 Flag question Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...

8/10/23, 8:26 PM Assessment 1: Attempt review Time taken 34 mins 45 secs Marks 88.00/100.00 Grade 80.00 out of 100.00 UNISA 2023 FAC1502-23-S2Welcome MessageAssessment 1 QUIZ Time left 0:43:45 Question 1 An entity has the following income and expenditure for the nancial year: Sales: R33 000; Salaries: R11 000; Interest income: R1 000; Insurance Not yet expense: R1 500. answered Marked out of The net pro t or loss of the entity using the basic accounting...

Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charges Register refers to them B. A buyer would not be bound by the ...

ACTUAL EXAM FOR REAL ESTATE MCQS SUMMARY SOLICITORS ACCOUNTS Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charg...

8/10/23, 8:26 PM Assessment 1: Attempt review Time taken 34 mins 45 secs Marks 88.00/100.00 Grade 80.00 out of 100.00 UNISA 2023 FAC1502-23-S2Welcome MessageAssessment 1 QUIZ Time left 0:43:45 Question 1 An entity has the following income and expenditure for the nancial year: Sales: R33 000; Salaries: R11 000; Interest income: R1 000; Insurance Not yet expense: R1 500. answered Marked out of The net pro t or loss of the entity using the basic accounting...

CPA Review School of the Philippines TAXATION PRE-WEEK BATCH 90 (1) Within 30 days from the deadline of filing their annual ITRs, what additional reports should business entities (a) registered wi th an Investment Promotion Agency (ex. PEZA, BOI, TIEZA, SBMA, etc.) and (b) availing of tax incentives, submit? (1) Beneficial Ownership Report (2) Statistical Report (3) Annual Tax Incentives Report (4) Annual Benefits Report (a) Numbers 1 and 2 (b) Numbers 2 and 3 (c) Numbers 3 and 4 (d) All of the ...

FAC3702 EXAM PACK 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . QUESTION 1 The following financial information relates to ABC Limited for the year ended 30 April 2014: 1. Machine Cost Residual value Revalued amount on a net replacement value basis Date R 1 May 1 May 2011 50 000 30 April Depreciation rate - 20% per annum straight-line The tax base on 1 May 2013 was R200 000 which w...

FAC2601 EXAM PACK . FAC2601 - Financial Accounting And Reporting. The following information was extracted from the financial statements of Romans Limited for the year ended 31 December 2014: EXTRACT FROM THE STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2014: 2014 2013 R R Profit before tax 1 008 000 358 000 Income tax expense (408 000) (149 000) PROFIT FOR THE YEAR OTHER COMPREHENSIVE INCOME TOTAL COMPREHENSIVE INCOME FOR THE YEAR 600 000 209 000 - - 600 000 209 ...

Question 2 of 21 1.0 Points Which stakeholders have the first claim on assets when a organisation enters bankruptcy? • A. Creditors • B. Top management • C. Debtors • D. Shareholders Answer Key:A Question 3 of 21 1.0 Points The long-term financial goal of the firm may be achieved by ... • A. maximising revenue and minimising expenses. • B. minimising the cost of capital and maximising the internal rate of return (IRR). • C. m...

FINAL TEXTBOOK LATEST Vol.1 (Partnership and Corporation – Illustrative Approach 1). Definition and Nature of a Partnership A partnership is an association of two or more persons who bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profits among themselves ( Civil Code of the Philippines). The partnership is a legal relationship among the contracting parties. This relationship originates from a voluntary contract between them....