Financial_Accounting 2
University of South Africa
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FIN2226N Exam Assignment (DETAILED ANSWERS) 2023
- Exam (elaborations) • 19 pages • 2023
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FIN2226N Exam Assignment (DETAILED ANSWERS) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .
Question 1 (20 Marks)
The partnership agreement of Madi-Maxi Traders provided for the following:
Balances on 1 March 20.19:
Capital: Madi R 125 000
Maxi R 85 000
Current Account: Madi R 24 000
Maxi R 8 000 (debit)
Net profit for the period: R 366 000
Transactions during the year, not included in profit:
1. Mad...
Exam (elaborations)
FIN2226N Exam Assignment (DETAILED ANSWERS) 2023
Last document update:
ago
FIN2226N Exam Assignment (DETAILED ANSWERS) 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question 1 (20 Marks) The partnership agreement of Madi-Maxi Traders provided for the following: Balances on 1 March 20.19: Capital: Madi R 125 000 Maxi R 85 000 Current Account: Madi R 24 000 Maxi R 8 000 (debit) Net profit for the period: R 366 000 Transactions during the year, not included in profit: 1. Mad...
R50,42
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