Total depreciation - Study guides, Class notes & Summaries

FAC3701 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 23 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. TopStyle Ltd is a manufacturer and retailer of smartphone accessories. TopStyle Ltd was incorporated on 1 July 2021. The profit before tax for the year ended 30 June 2023 amounted to R2 800 000, after taking into account the information below: 1. Administration building The administ...

This document contains workings, explanations and solutions to the TAX3701 Assignment 2 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4...... QUESTION 1 (40 marks, 72 minutes) Crystal (Pty) Ltd (“Crystal”) is a South African resident company with a 31 March financial year end. The company is a leading manufacturer and distributor of float glass, laminated glass, and various mirror products to customers in and outside South Africa. Crystal is registered ...

Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged ...

FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS) Question 1 Answer saved Marked out of 6.50 Flag question Question text Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1 500 each, around the townships of KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 October 2023. This transacti...

FAC3701 Assignment 1 (WRITTEN) Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... ASSIGNMENT 01 (Second semester) (30 marks) WRITTEN ASSIGNMENT TopStyle Ltd is a manufacturer and retailer of smartphone accessories. TopStyle Ltd was incorporated on 1 July 2021. The profit before tax for the year ended 30 June 2023 amounted to R2 800 000, after taking into account the inf...

Question 2 Not yet answered Marked out of 1.00 Flag question Question text The transactions are summarised in the ledgers and contain the information such as names of parties to the transaction, description of transactions, source document numbers etc. Select one: True False Question 3 Not yet answered Marked out of 2.00 Flag question Question text Use the following information to answer the question below: SA Traders is a business that sells electronic equipment. The entity i...

Well-structured FIN3702 Assignment 1 (QUIZ ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED.. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question 1 Not yet answered Marked out of 1.00 Thyme Bank Ltd has offered Pizza Parlour Ltd the following in response to a R250 000 one-year loan application which was made to the bank. The stated rate was 9% and a 13% compensating balance. What will the effective annual rate be... O 1. 790% O2 375%, © 3. 10.34%. O 4 13.00%. Question 2 Not...

C253 Advanced Managerial Accounting PREASSESSMENT EXAM SOLUTIONS 2024/QUESTIONS WITH CORRECT DETAILED ANSWERS WITH CALCULATIONS/A+ GRADE #1 Which industry uses job-order costing? Legal Services # 2 A corporation applies overhead based upon machine hours to build custom sailboats. At the beginning of the year, they budgeted the following costs to make 50,000 units using 100,000 machine hours: Wages of employees who build the sailboats $50,000 Advertising $50,000 Aluminum mast installe...

MAC3702 Assignment 2 Semester 2 2023 (Answers) QUESTION 1 (20 marks) Level II (Pty) Limited (“Level II”) is a manufacturing company that manufactures a wide range of freezers and fridges. Level II wants to expand their product range and is negotiating with Deep-zone (Pty) Limited (“Deep Zone”) which manufactures airconditioning units. Level II wants to acquire 100% of the shares in Deep Zone and believes that valuable synergies exist between the two companies. The following ...

Question 2 Not yet answered Marked out of 1.00 Flag question Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...