100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
FAC1601 Assignment 4 Semester 2 2024 Solutions / Calculations - Changed amount indicated $2.82   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Financial Accounting and Reporting (FAC1601)

Exam (elaborations)

FAC1601 Assignment 4 Semester 2 2024 Solutions / Calculations - Changed amount indicated

3 reviews
 53 views  3 purchases
  • Course
  • Financial Accounting and Reporting (FAC1601)
  • Institution
  • University Of South Africa (Unisa)

FAC1601 Assignment 4 Semester 2 2024 Solutions - Changed amount indicated . Please make sure to read instructions. Your amount might change with a difference of R100 or R400 etc. Those amount are indicated with Red/Yellow. Please check yours and replace the calculations

Preview 1 out of 22  pages

Document information

  • October 21, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • fac1601 assignment 4 semester 2 2024 solutions

Written for

  • University of South Africa (Unisa)
  • Financial Accounting and Reporting (FAC1601)
All documents for this subject (172)

3  reviews

review-writer-avatar

By: snikiimthembu • 12 hours ago

I got 82% pass

review-writer-avatar

By: mercymashego • 3 weeks ago

review-writer-avatar

By: monyainaledi • 2 weeks ago

Seller

avatar-seller
BRSTutors

Reviews received

Content preview

1. - -
2.

3.
4.
5.




2

,1. -
2. -
3.
4.
5.
6.
7.
8. -
9. -
10. -




3

, Qumbu Energy Ltd installs wind power turbines for renewable energy projects in OR Tambo District
Municipality in the Eastern Cape. The company services government contracts and private energy firms,
operating from Qumbu with projects mainly along the municipality. In 2023/2024, Qumbu Energy completed
three major installations, growing rapidly as renewable energy demand rises.


The following financial information is presented to you to assist in the preparation of financial statements:


Extract from the statement of financial position information as at 28 February 2024:
2024 2023
R R
Trade payables control 52,300 32,300
Interest payable 17,000 12,300
Dividends payable 15,200 24,300
Long-term loan: IDD Corporation 129,500 346,700
Current tax receivable 38,300 13,700
Bank 71,600 49,400
Inventory 91,200 70,300
Dividends receivable 30,900 18,800
Listed investment at fair value 487,400 391,400
Interest receivable 7,700 11,600
Trade receivables control 86,200 80,600
Loans to director 294,700 313,400
Retained earnings 1,399,800 820,600
Share capital 1,219,000 1,076,600
Revaluation reserve 252,100 177,400
Machinery and equipment at cost 307,100 385,700
Accumulated depreciation: Machinery and equipment 53,600 19,200
Buildings 1,169,000 695,500




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 BRSTutors. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.82. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81298 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.82  3x  sold
  • (3)
  Add to cart