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Fac2602 Assignment 3 Semester 01 2024[ Complete Answers] DISTINCTION GUARANTEED with a 100% grading $3.61   Add to cart
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  3. University Of South Africa (Unisa)
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  5. Selected Accounting Standards and Simple Group Str (FAC2602)

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Fac2602 Assignment 3 Semester 01 2024[ Complete Answers] DISTINCTION GUARANTEED with a 100% grading

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  • Course
  • Selected Accounting Standards and Simple Group Str (FAC2602)
  • Institution
  • University Of South Africa (Unisa)

This document contains Fac2602 Assignment 03 Semester 01 2024 question and answers with a guarantee distinction pass

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  • April 30, 2024
  • 16
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • fac2602 assignment 3 semester 1 2024

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  • University of South Africa (Unisa)
  • Selected Accounting Standards and Simple Group Str (FAC2602)
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QUESTION ORDER IS DIFFERENT FOR EACH STUDENT


1 Use the scenario loaded under additional resources to answer the following question.
The profit for the year of Tsatsi Ltd that feeds into the attribution of total comprehensive income section
in the consolidated statement of profit or loss and other comprehensive income amounts to:
1.
R70 360 – R50 000
2.
R70 360 – R50 000 – R6 300

3.
R70 360 + R50 000

4.
R70 360 + R50 000 – R6 300



Profit for theyear: Tsatsi 70 360
Less: intragroup profit on sale of non-depreciable assets (50 000)
20 360


On consolidation only the profit made by the subsidiary is eliminated when doing
the analysis for the subsidiary

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