Question 9 Time left 00:39:00 Not yet answered Marked out of 1.00 S Africa is the...
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Question 9 Time left 00:39:00 Not yet answered Marked out of 1.00 S Africa is the owner of SA Traders. On 1 January 2022, he tells you that his interest in the business is R251 463 and the value of the assets is R553 289. Calculate the value of the total liabilities of SA Traders NB: Instructions 1. Do not type the amount with any spaces as separators for thousands (eg: 12141.72) 2. Use a full stop to indicate any decimals (eg: 1000.01) 3. You must enter cents even if it is 0 (eg .00) 4. Only show the amount, do not show the R (eg: 12141.72) 5. If the net effect on the accounting equation is a decrease, please enter the amount as a negative (eg: -12141.72) Question 9 Time left 00:39:00 Not yet answered Marked out of 1.00 S Africa is the owner of SA Traders. On 1 January 2022, he tells you that his interest in the business is R251 463 and the value of the assets is R553 289. Calculate the value of the total liabilities of SA Traders NB: Instructions 1. Do not type the amount with any spaces as separators for thousands (eg: 12141.72) 2. Use a full stop to indicate any decimals (eg: 1000.01) 3. You must enter cents even if it is 0 (eg .00) 4. Only show the amount, do not show the R (eg: 12141.72) 5. If the net effect on the accounting equation is a decrease, please enter the amount as a negative (eg: -12141.72)
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Okay here are the workings Given Interest of owner equity R251 463 ... View the full answer
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Posted Date:
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