100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached

FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (169265) - DUE 10 April 2024 • Course • Financial Accounting and Reporting - FAC1601 (FAC1601) • Institution • University Of South Africa (Unisa) • Book • ABOUT FINANCIAL ACCOUNTING VOLUME 2 (8TH ED R46,68

Add to cart

Exam (elaborations)

FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (169265) - DUE 10 April 2024 • Course • Financial Accounting and Reporting - FAC1601 (FAC1601) • Institution • University Of South Africa (Unisa) • Book • ABOUT FINANCIAL ACCOUNTING VOLUME 2 (8TH ED

15 purchases

Course
FAC1601

Institution
University Of South Africa

FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (169265) - DUE 10 April 2024 • Course • Financial Accounting and Reporting - FAC1601 (FAC1601) • Institution • University Of South Africa (Unisa) • Book • ABOUT FINANCIAL ACCOUNTING VOLUME 2 (8TH EDITION) FAC1601 Assignment ...

[Show more]

Preview 2 out of 12 pages

View example

mobile-preview

Uploaded on April 9, 2024
Number of pages 12
Written in 2023/2024
Type Exam (elaborations)
Contains Questions & answers

fac1601

5 reviews

By: khwezilethu • 11 months ago

By: tabbymwesh59 • 11 months ago

its a helpful document

By: novemberkelly85 • 11 months ago

By: tabbymwesh59 • 11 months ago

its ahelpful document

By: nonhlyzandile • 11 months ago

By: tabbymwesh59 • 11 months ago

thank you,i hope the document was helpful

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: malusioltavie95 • 11 months ago

By: tabbymwesh59 • 11 months ago

thank you,i hope the document was helpful

By: tabbymwesh59 • 11 months ago

Reply deleted by the user

By: jcloete2015 • 11 months ago

Follow

tabbymwesh59 Member since 1 year 152 documents sold

9

7

3

2

9

Exam (elaborations)FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (169265) - DUE
10 April 2024• Course• Financial Accounting and Reporting - FAC1601 (FAC1601)•
Institution• University Of South Africa (Unisa)• Book• ABOUT FINANCIAL
ACCOUNTING VOLUME 2 (8TH EDITION)FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1
2024 (169265) - DUE 10 April 2024 ;100% TRUSTED workings, explanations and solutions. for
assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.........

[Document subtitle]

[DATE]
[COMPANY NAME]
[Company address]

, Exam (elaborations)
FAC1601 Assignment 2 (COMPLETE ANSWERS)
Semester 1 2024 (169265) - DUE 10 April 2024
Course
 Financial Accounting and Reporting - FAC1601 (FAC1601)
 Institution
 University Of South Africa (Unisa)
 Book
 ABOUT FINANCIAL ACCOUNTING VOLUME 2 (8TH EDITION)

FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024
(169265) - DUE 10 April 2024 ;100% TRUSTED workings, explanations
and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.........

Question 1 Open course index Open block drawer Back Assessment 2 2
Not yet answered Marked out of 11.00 The following information is
presented for Setlagole Catering, a business in providing luxury catering
services to the areas around the Dr Ruth Segomotsi Mompati District
Municipality in the North West province. These are the balances when they
commenced a simultaneous liquidation of the partnership: EXTRACT OF
BALANCES R Trade payables 53,900 Trade receivables 87,300 Catering
equipment (cost) 189,000 Vehicles (at cost) 180,000 Catering equipment
(accumulated depreciation) 123,979 Vehicles (accumulated depreciation)
67,500 Building (at cost) 250,000 The following transactions took place as
part of the liquidation: 1. Debtors were offered a 5% settlement discount.
Only 94% of the debtors settled their balances and the remainder of the
debtors book was sold to a debt agency at 65% discount. 2. The creditors
were all settled at a settlement discount of 11%. 3. The vehicle and the
building were auctioned off for R112 000 and R283 300 respectively 4. The
catering equipment was sold to another local catering company for R55
000. Which one of the following alternatives represents the correct net profi
t (or loss) made on the simultaneous liquidation of Setlagole Catering?
Your answer must be rounded off to the nearest rand. a.(R 19,367) b. (R
28,708) c. (R 21,200) d.R 170,279 e.R 21,200 f. (R 170,279) g. R 28,708 h.
R 19,367 Clear my choice
To determine the net profit or loss made on the simultaneous liquidation of Setlagole
Catering, we need to calculate the proceeds from the sale of assets and compare them to the
total liabilities settled after applying discounts.

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 tabbymwesh59. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R46,68. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

65352 documents were sold in the last 30 days

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

Recently viewed by you

Summary ·

MT140 Unit 2 .docx MT140 Purdue University Global MT140- Professor Carol Dooley SWOT Analysis for Canon Inc. Company Overview Canon Inc. is a company that provides multifunction appliances, suc

Exam (elaborations) ·

RELATIVITY RCA EXAM WITH ACTUAL QUESTIONS AND COMPLETE 100% CORRECT ANSWERS WITH VERIFIED AND WELL EXPLAINED RATIONALES ALREADY GRADED A+ BY EXPERTS | LATEST VERSION 2024 WITH GUARANTEED SUCCESS

Exam (elaborations) ·

Exam (elaborations) PES3701 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 30 July 2024 • Course • Physical Education and Sports Coaching (PES3701) • Institution • University Of South Africa • B

Exam (elaborations) ·

IAHSS BASIC OFFICER CERTIFICATION EXAM AND STUDY GUIDE 2024/ ACTUAL EXAM WITH 421 QUESTIONS AND 100% CORRECT ANSWERS WITH RATIONALE / IAHSS BASIC TRAINING FOR HEALTHCARE SECURITY OFFICERS CERTIFICATIO

Exam (elaborations) ·

VERIFIED LATEST UNITED STATES MEDICAL LICENSING EXAMINATION SAMPLE TEST QUESTIONS AND ANSWERS Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explana

Exam (elaborations) ·

OB NURSING FINAL EXAM / ATI OB MATERNAL FINAL EXAM 2024 ALL 200+ ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED ANSWERS) |GUARANTEED A+ (FULL REVISED EXAM A woman who is

Exam (elaborations) ·

IAHSS BASIC OFFICER CERTIFICATION EXAM AND STUDY GUIDE 2024/ ACTUAL EXAM WITH 421 QUESTIONS AND 100% CORRECT ANSWERS WITH RATIONALE / IAHSS BASIC TRAINING FOR HEALTHCARE SECURITY OFFICERS CERTIFICATIO

Exam (elaborations) ·

Med aide state test 2023/2024 Drug is affected by many factors. All of the following affect drug action except: The patient's intelligence. the size and age other drugs the resident is taking

Exam (elaborations) ·

Exam (elaborations) BSW3703 Assignment 1 (COMPLETE ANSWERS) 2024 - DUE 8 May 2024 • Course • Community Work: Theories, Approaches and Models (BSW3703) • Institution • University Of South Afric

R46,68 15x sold

(5)

Add to cart