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FAC1601 Assignment 5 Semester 2 2023 FAC1601 ASSIGNMENT 5 SEMESTER 2 2023 SOLUTIONS, EXPLANATIONS, WORKINGS, AND REFERENCES
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---32October 20232023/2024A+
- FAC1601 Assignment 5 Semester 2 
2023 
FAC1601 
ASSIGNMENT 5 SEMESTER 2 2023 
SOLUTIONS, EXPLANATIONS, WORKINGS, AND REFERENCES 
Extract from ledger account balances as at 30 September: 
 
R R 
Share capital: Ordinary shares 
Share capital: Preference shares 
Retained earnings 
Long-term loan - ABC Bank 
Land and buildings at cost 
Machinery and equipment at carrying amount 
Inventory 
Trade receivables control 
Listed investments 110 000 0 
Bank 
Trade payables control 
SARS (income t...
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