Exam (elaborations)
FAC3702 ASSIGNMENT 2 OF 2021 ECP
- Institution
- University Of South Africa (Unisa)
Gurnteed distinction
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FAC3702 ECP ASSIGNMENENT 2 – SEMESTER 1OF 2020
1. 4
R
Cost (𝟐 𝟐𝟕𝟗 𝟓𝟎𝟎 + 𝟏𝟐 𝟔𝟔𝟔) 2 292 166
2 292 166 30 (197 601)
Accumulated Depreciation ( 29 ∗ 12)
Carrying amount – 31 December 2020 2 094 565
2. 2
R
Cost of aircraft 4 774 863
𝐹𝑉 = −5 000 000
𝑛=6
9.25
𝑖=
12
𝑷𝑽 = ? ? = 𝑹𝟒 𝟕𝟕𝟒 𝟖𝟔𝟑
Inspection costs 250 000
Cost of aircraft 5 024 863
3. 5
R
Cost (𝟑𝟖𝟓 𝟎𝟎𝟎 ∗ 𝟗𝟔. 𝟓%) 371 525
371 525 11 (68 113)
Depreciation – 31 December 2019 ( 5 ∗ )
12
Carrying amount – 1 December 2019 303 412
𝟑𝟎𝟑 𝟒𝟏𝟐 101 137
Depreciation: 31 December 2020 ( )
𝟑
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