Exam (elaborations)
FAC2601 Assignment 1 Semester 2 2022
- Course
- Institution
This document contains workings, explanations and solutions to the FAC2601 Assignment 1 Semester 2 2022
[Show more]
Seller
Follow
TutorialsCampus1
Reviews received
Content preview
FAC2601Assignment 1 Semester 2 2022
Unique #:
This document includes:
• Helpful guidelines
• Explanations and/ or calculations
• Study-guide and /or text book references were
necessary Solutions
Terms of use:
• To be used ONLY for comparison purposes.
Do not duplicate or distribute without written permission from the auth0r
, FAC2601
ASSIGNMENT 2
SEMESTER 2 2022
DUE DATE 31 AUGUST 2022
UNIQUE NUMBER 174991
Sankofa Ltd
Statement of financial position as at 30 June 2022
R
ASSETS
Non-current assets 4 532 986
Property, plant and equipment (note 1) 3 398 986
Investments (c9) 1 134 000
Current assets 652 600
Inventory (c8) 294 600
Trade and other receivables 220 000
Cash and cash equivalents (c10) 48 000
Investments (c11) 90 000
TOTAL ASSETS 5 185 586
Sankofa Ltd
Notes to the financial statements for the year ended 30 June 2022
Note 1: Property, plant and equipment
Land Buildings Machinery and Motor vehicles
equipment
Carrying amount as at 1 July 2019 1 000 000 341 250 436 250
Cost 1 000 000 390 000 690 000 (253
Accumulated depreciation - (48 750) 750) (c5)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TutorialsCampus1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.84. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now