Summary
Summary FAC2602
- Institution
- University Of South Africa (Unisa)
Summary of 23 pages for the course Selected Accounting Standards and Simple Group Structures at Unisa (FAC2602)
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Dashboard / My courses / FAC2602-24-S2 / Welcome Message / Assessment 3
Question 1
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Use the scenario to answer the following question.
The pro-forma journal entry to record the ordinary dividend declared by the subsidiary is:
1.
Non-Controlling Interests 56 600
Dividends Paid – Uranus Ltd 56 600
2. Dividends Received – Neptune Ltd 226 400
Non-Controlling Interests 56 600
Dividends Paid – Uranus Ltd 283 000
3.
Dividends Received – Uranus Ltd 145 360
Non-Controlling Interests 36 340
Dividends Paid – Neptune Ltd 181 700
4. Non-Controlling Interests 36 340
Dividends Paid – Neptune Ltd 36 340
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Dashboard / My courses / FAC2602-24-S2 / Welcome Message / Assessment 3
Question 2
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Marked out of 3
Use the scenario to answer the following question.
The value of property, plant, and equipment in the consolidated statement of financial position amounts to:
1.
R26 813 170
2. R26 604 420
3.
R26 563 170
4. R26 601 242
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