100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FAC1503 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024; 100% TRUSTED Complete, trusted solutions and explanations. R48,54   Add to cart

Exam (elaborations)

FAC1503 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024; 100% TRUSTED Complete, trusted solutions and explanations.

 15 views  0 purchase

FAC1503 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024; 100% TRUSTED Complete, trusted solutions and explanations.

Preview 3 out of 19  pages

  • October 24, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (33)
avatar-seller
tabbymwesh59
FAC1503 Assignment
6 (COMPLETE
ANSWERS)
Semester 2 2024 -
DUE 24 October
2024; 100%
TRUSTED Complete,
trusted solutions and
explanations.
[Type the document subtitle]


[Pick the date]
[Type the company name]
tabbymwesh59@gmail.com

,
,  Course
 Financial Accounting Principles for Law Practition (FAC1503)
 Institution
 University Of South Africa (Unisa)
 Book
 Accounting Principles for Lawyers




FAC1503 Assignment 6 (COMPLETE
ANSWERS) Semester 2 2024 - DUE 24
October 2024; 100% TRUSTED Complete,
trusted solutions and explanations.



Ozone Ltd Ozone Ltd is neither a manufacturer nor a
dealer that leases ozone friendly machinery that reduces
the emission of harmful chemicals. Ozone has a 28/29
February year-end. As part of its business strategies,
Ozone Ltd entered into the following transactions:
Transaction 1 Ozone Ltd entered into an agreement with
Woodworks Ltd in which Ozone Ltd leased machinery to
Woodworks Ltd. The contract between the two companies
contains a lease in terms of IFRS 16, Leases. Ozone Ltd
purchased this machine on 1 March 2023 at a cost of
R420 000. FAC3703/02/2024 The lease agreement for the
machine is as follows: Fair value of the machine on 1
March 2023 R420 000 Lease commencement date 1
March 2023 Lease instalments payable bi-annually in

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 R48,54. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73918 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R48,54
  • (0)
  Buy now