FAC3702 ASSIGNMENT 2 – SEMESTER 1 OF
2022
1. Deferred tax on land of the property of Kipla Pharma Ltd
= [(2 850 000 − 2 500 000) * 80% * 28%]
= 𝑅78 400
2. Carrying amount of the Building of the property of Kipla Pharma Ltd
R
Cost 5 000 000
Accumulated Depreciation – 31 December 2019 (300 000)
(5 000 000 − 1 000 000) 27
[ *
30 12
Carrying amount – 31 December 2019
FOR ACCADEMIC NEEDS CONTACT US AT /0651609781
2022
1. Deferred tax on land of the property of Kipla Pharma Ltd
= [(2 850 000 − 2 500 000) * 80% * 28%]
= 𝑅78 400
2. Carrying amount of the Building of the property of Kipla Pharma Ltd
R
Cost 5 000 000
Accumulated Depreciation – 31 December 2019 (300 000)
(5 000 000 − 1 000 000) 27
[ *
30 12
Carrying amount – 31 December 2019
FOR ACCADEMIC NEEDS CONTACT US AT /0651609781
