Fac3703 assignment 1 2022 - Study guides, Study notes & Summaries
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FAC3701 Assignment 2 Semester 1 2022
- Exam (elaborations) • 9 pages • 2022
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- R65,21
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This document contains workings, explanations and solutions to the FAC3701 Assignment 2 Semester 1 2022. For assistance call or whatsapp us on 065 505 3119
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FAC3703 ASSIGNMENT 1 – SEMESTER 1 OF 2022 Update Complete Solution
- Exam (elaborations) • 4 pages • 2022
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- R252,05
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1. Profit before tax 
Profit before tax is stated after taking the following items into account 
R 
Incomes 
Finance Income 85 406 
Expenses 
Finance Cost 107 164 
Depreciation: Right of use asset 300 536 
2. Leases 
2.1. Right of use asset 
Carrying amount at beginning of year [
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FAC3703 ASSIGNMENT 1 SEMESTER 2 OF 2022
- Exam (elaborations) • 3 pages • 2022
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- R196,00
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FAC3703 ASSIGNMENT 1 SEMESTER 2 OF 2022
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FAC3703 Assignment 1 Semester 1 2022/2023
- Exam (elaborations) • 7 pages • 2022
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- R186,84
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FAC3703 Assignment 1 Semester 1 
2022/2023
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FAC3703 ASSIGNMENT 1 SEMESTER 1 – 2022
- Exam (elaborations) • 8 pages • 2022
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- R65,21
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) Disclose the following notes to the annual financial statements of Heavy 
Machinery Ltd for the year ended 28 February 2022: 
 Profit before tax; and 
 Leases (excluding disclosure in terms of IFRS 7, Financial Instruments: 
Disclosures) 
HEAVY MACHINERY LTD 
Notes to the annual financial statements for the year ended 28 February 2022 
1. Profit before tax 
Profit before tax is stated after taking the following into account: 
Income: 
Revenue 1 376 500 
Finance Income (C.3.) 36 746 
1 41...
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