100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FAC2601 ASSESSMENT 2 - SEARCHABLE - GUARANTEED PASS R133,00
Add to cart

Other

FAC2601 ASSESSMENT 2 - SEARCHABLE - GUARANTEED PASS

 0 purchase

FAC2601 ASSESSMENT 2 - SEARCHABLE - GUARANTEED PASS

Preview 1 out of 16  pages

  • April 17, 2023
  • 16
  • 2022/2023
  • Other
  • Unknown
All documents for this subject (77)
avatar-seller
tndex1982
tarted on Monday, 17 April 2023, 6:00 PM
State Finished
Completed on Monday, 17 April 2023, 8:26 PM
Time taken 2 hours 25 mins
Marks 26.00/30.00
Grade 86.67 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00




Flag question
Question text
Part A (20 marks)
Questions 1 - 10 use the below information:

The following list of balances is an extract from the trial balance of
Crew Ltd on 31 December 2022:
Additional
Info R
Land at revaluation....................................................... (1) 600 000
Buildings at cost........................................................... (1 & 3) 840 000
Land at cost................................................................. (2) 700 000
Buildings at cost........................................................ (2) 650 000
Machinery and equipment at cost ................................. (3) 620 000
Motor vehicles at cost................................................... (3 & 4) 440 000
Accumulated depreciation
- Machinery and equipment.......................................... (3) ?
- Motor vehicles........................................................... (3 & 4) 277 000


Additional information:
1. Land and buildings are owner occupied and consist of land situated on Erf 15,
Pretoria East, with a factory building thereon. The land was acquired on
1 January 2020 for R480 000 and was revalued for the first time on 1 April 2022
by Mr. Cool, a sworn appraiser. The buildings were erected during September
and October 2022 at a cost of R840 000 and was completed on
31 October 2022. Machinery was withdrawn from production for the two months

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 EFT, 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 this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller tndex1982. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R133,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69411 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Start selling
R133,00
  • (0)
Add to cart
Added