Fac2601 assignment 5 - Study guides, Study notes & Summaries
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FAC2601 - Financial Accounting For Companies Semesters 1 and 2 3/2022.
- Exam (elaborations) • 6 pages • 2022
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FAC2601 - Financial Accounting For Companies Semesters 1 and 2 3/2022. FIRST SEMESTER 2022 
ASSIGNMENT 02 (30 marks) (36 minutes) 
The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: 
Additional 
information R 
Land at cost 1, 2 800 000 
Buildings at cost 1, 2 1 200 000 
Plant and machinery at carrying amount (1 July 2019) 
Furniture and equipment at cost 
2, 3, 5 
4, 5 
2 100 000 
600 000 
- Accumulated depreciation on furniture and equipment 
 (1 Jul...
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FAC2601 ASSIGNMENT 02 SEMESTER 1 & 2 2021 VERIFIED.
- Exam (elaborations) • 4 pages • 2022
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FAC2601 
ASSIGNMENT 02 
SEMESTER 1 & 2 2021 
VERIFIED. 
PART A 
DILATA Ltd 
Statement of financial position as at 30 June 2020 
 
1. NOTE: PROPERTY, PLANT & EQUIPMENT 
 
Land Factory & 
Office 
buildings 
Machinery & 
Equipment 
Motor 
vehicles 
Total 
Balance at the 
beginning 
1 JUL 2019 
1 000 000 2 328 000 1 920 000 410 000 5 658 000 
Cost 1 000 000 2 400 000 3 000 000 645 715 7 045 715 
Accumulated 
depreciation 
- (72 000) (1 080 000) (235 715) (1 387 715) 
Revaluation 500 000 - - - 500 00...
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FAC2601 - Financial Accounting For Companies Assessment 2_6 April 2022
- Exam (elaborations) • 6 pages • 2022
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FAC2601 - Financial Accounting For Companies Assessment 2_6 April 2022. 
ASSIGNMENT 02 (30 marks) (36 minutes) 
The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: 
Additional 
information R 
Land at cost 1, 2 800 000 
Buildings at cost 1, 2 1 200 000 
Plant and machinery at carrying amount (1 July 2019) 
Furniture and equipment at cost 
2, 3, 5 
4, 5 
2 100 000 
600 000 
- Accumulated depreciation on furniture and equipment 
 (1 July 2019) 
4, 5 (120 ...
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Financial Accounting for Companies FAC2601
- Other • 6 pages • 2023
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- R102,53
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The following balances were extracted from the trial balance of Bell Crest Ltd on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost 1, 2 1 200 000 Plant and machinery at carrying amount (1 July 2019) Furniture and equipment at cost 2, 3, 5 4, 5 2 100 000 600 000 - Accumulated depreciation on furniture and equipment (1 July 2019) 4, 5 (120 000) Additional information: 1. Bell Crest Ltd owns property in Germiston, situated on stand 50, that it occupies fo...
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AUE1601 - Legal Aspects in Accountancy
- Exam (elaborations) • 11 pages • 2023
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- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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AUE1601 - Legal Aspects in Accountancy
- Other • 11 pages • 2023
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- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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FAC1502 - Financial Accounting Principles, Concept
- Exam (elaborations) • 11 pages • 2023
-
- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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FAC2601 Assignment 2 Semester 1 2022
- Exam (elaborations) • 7 pages • 2022
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- R53,96
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FAC2601 Assignment 2 Semester 1 
2022 
Disclaimer 
Extreme care has been used to create this document, however the contents are provided “as is” 
without any representations or warranties, express or implied. This document is to be used for 
comparison, research and reference purposes ONLY. No part of this document may be 
reproduced, resold or transmitted in any form or by any means without prior written permission 
from the author. 
DOCUMENT PREVIEW 
BELL CREST LTD 
NOTES TO NON-CURRENT AS...
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FAC2601-Financial Accounting For Companies Assignment 2 Semester 1 2022.
- Exam (elaborations) • 7 pages • 2022
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- R53,96
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FAC2601-Financial Accounting For Companies Assignment 2 Semester 1 2022. QUESTION 1 
BELL CREST LTD 
NOTES TO NON-CURRENT ASSETS 
Property, plant and equipment 
 Land Buildings 
 Plant and 
machinery 
 Delivery 
vehicle 
 Furniture 
and 
equipment 
Carrying amount at the 
beginning of the year 800 000 1 025 000 2 100 000 55 000 480 000 
Gross carrying amount 800 000 1 200 000 3 733 333 (5) 84 615 (12) 600 000 
Accumulated depreciation - (175 000) (2) (1 633 333) (6) (29 615) (13) (120 000) 
Addi...
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FAC2601 ASSIGNMENT 02 SEMESTER 1 & 2
- Exam (elaborations) • 4 pages • 2022
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- R71,77
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FAC2601 
ASSIGNMENT 02 
SEMESTER 1 & 2 
PART A 
DILATA Ltd 
Statement of financial position as at 30 June 2020 
 
1. NOTE: PROPERTY, PLANT & EQUIPMENT 
 
Land Factory & 
Office 
buildings 
Machinery & 
Equipment 
Motor 
vehicles 
Total 
Balance at the 
beginning 
1 JUL 2019 
1 000 000 2 328 000 1 920 000 410 000 5 658 000 
Cost 1 000 000 2 400 000 3 000 000 645 715 7 045 715 
Accumulated 
depreciation 
- (72 000) (1 080 000) (235 715) (1 387 715) 
Revaluation 500 000 - - - 500 000 
Additions at ...
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