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FAC3702 EXAM PACK 2024
- Exam (elaborations) • 132 pages • 2023
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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...