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UNISA FAC 3702 ASSIGNMENT 2 - SEMESTER 1 2020 $8.54   Add to cart
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UNISA FAC 3702 ASSIGNMENT 2 - SEMESTER 1 2020

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 356 views  1 purchase
  • Course
  • FAC3702 - Distinctive Financial Reporting (FA3702)
  • Institution
  • University Of South Africa (Unisa)
  • Book
  • Financial Accounting, International Edition (with IFRS)

With my passion to change the world through education, I decided to diligently prepare the attached assignments. The more educated we are the the better world we create for the future generations

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Document information

  • March 7, 2020
  • 2
  • 2019/2020
  • Answers
  • Unknown

Subjects

  • 100 pass mark

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  • University of South Africa (Unisa)
  • FAC3702 - Distinctive Financial Reporting (FA3702)
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1  review

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By: moratuwat • 4 year ago

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FAC3702 ASSIGNMENT 2 – SEMESTER 1 OF
2020
1. 4

R
Cost 1 395 000
(1 395 000 − 250 000) 8 (127 222)
Depreciation – 30 June 2018 [ ∗ ]
6 12
Carrying amount – 30 June 2018 1 267 778
(1 267 778 − 250 000) (254 445)
Depreciation – 30 June 2019 [ ]
4
Carrying amount – 30 June 2019 1 013 333


Accumulated Depreciation = (127 222 − 254 445)
= 𝑹𝟑𝟖𝟏 𝟔𝟔𝟕

2. 2

R
Cost 1 395 000
Accumulated Capital Allowances (1 395 000 ∗ 60%) (837 000)
Tax Base 558 000


3. 3

R
Cost (2 716 500 + 135 000) 2 851 500
2 851 500 (1 140 600)
Accumulated Amortisation - 30 June 2018 ( 10 ∗ 4)
Carrying amount – 30 June 2019 1 710 900

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