ANNEXURE A: ADDITIONAL QUESTIONS AND SOLUTIONS

QUESTION $1(30$ marks$)(36$ minutes$)$

The following list of balances on $31$ December $19\mathrm{.}9$ appeared in the accounting records of

All Ltd:

Inventories $...............................................................................................$

Loans $.......................................................................................................$

Trade and other receivables $...................................................................$

Trade and other payables $.......................................................................$

Provisional tax payments $........................................................................$

Dividends payable $...................................................................................$

Deferred taxation $($Cr$).............................................................................$

Bank $($Dr$).................................................................................................$

Retained earnings $(31/12/19\mathrm{.}9)..............................................................$

Long$-$term loan $.......................................................................................$

Land at valuation $.....................................................................................$

Buildings at cost $......................................................................................$

Machinery and equipment at cost $(31/12/19\mathrm{.}9)......................................$

Motor vehicles at cost $(31/12/19\mathrm{.}8$ R$280000).....................................$

Accumulated depreciation $(31/12/19\mathrm{.}9)$

$-$ Machinery and equipment $....................................................................$

$-$ Motor vehicles $(31/12/19\mathrm{.}8$ R$80000)................................................$

Investments $............................................................................................$

Additional

Info

$1$ & $2$

$4$

$9$

$5$

$5,6$ & $7$

$5,6$ & $7$

$5,6$ & $7$

$5,6$ & $7$

$5,6$ & $7$

$8$

R

$240000$

$110000$

$36000$

$25000$

$30000$

$5000$

$2000$

$75000$

$120000$

$150000$

$400000$

$420000$

$250000$

$310000$

$55000$

$119500$

$136000$

Additional information:

$1.$ Inventory is valued at the lower of cost or net realisable value.

$2.$ Inventory consists of: R

$-$ Raw material $............................................................. Step by Step Solution There are 3 Steps involved in it 1 Expert Approved Answer Step: 1 Unlock Question Has Been Solved by an Expert! Get step-by-step solutions from verified subject matter experts Step: 2 Unlock Step: 3 Unlock Students Have Also Explored These Related Accounting Questions! Q: QUESTION 3 (30 marks) (36 minutes) The following balances were extracted from the accounting records of Moshupi Ltd as at 1 January 2020. Ordinary shares. 10% Non-cumulative preference shares 8%... Q: I need answers and how to solve each problem ASAP ! Question 1 (5 points) A corporation has the following account balances: Common Stock, $10 par value, $740,000; Paid-in Capital in Excess of Par,... Q: 5 FAC2602 MAY/JUN 2016 QUESTION 3 (36 marks) (43 minutes) The following balances appear in the accounting records of Dawn Ltd for the financial year ended 30 September 2015 2014 R R Debits Property,... Q: Question No 3: (10 Marks) From the following information obtained from the books of blue Dart SAUG. Prepare a cash budget for the four months ending 31* July 2020. Cash on hand on April 1 will be... Q: QUESTION 3 (35 marks) (42 minutes) The following balances were extracted from the accounting records of Grip Ltd as at 31 December 2021: Additional information: 1. Investments consist of the... Q: Could solve these questions ? QUESTION 1 Particle Manufacturing Company had the following account balances for the quarter ending March 31: Work-in-process inventory (January 1) $ 140,700... Q: in additional information there are all questions from question 1 till 8 Question 1 The following list of accounts was extracted from the accounting records of Company A plc at 31" December 2017 E000... Q: QUESTION 3 (35 marks) (42 minutes) The following balances were extracted from the trial balance of Bell Crest Lid on 30 June 2020: Additional information R Land at cost 1, 2 800 000 Buildings at cost... Q: 3 (50 marks) (60 minutes) The following balances are an extract from the trial balance of Techno Care Ltd on 28 February 2021: 15% Long-term loan (note 2) Investments (note 3) Sales (inclusive of... Q: CONFIDENTIAL/SULIT EBAB 123 Interim Semester 2020/2021 QUESTION 1 [30 MARKS] The following is a list balances in the general ledger of Eman Enterprises at 31 May 2020. RM RM Purchases and Sales... Q: The data in the next table resulted from an experiment that used a completely randomized design. a. Use statistical software (or the appropriate calculation formulas in Appendix C) to complete the... Q: Show that the following polar angle function (equation 1) satisfies equation 2, and comment on whether it meets the criterion for use in the quantum mechanical wavefunction Eqn 1: 0 (0) A In[tan (=)]... Q: Customers who trade NYSE - listed securities during extended trading hours are subject to:A a lower degree of price volatility than that experienced during regular trading hoursBa higher degree of... Q: a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this... Previous Question Next Question Recommended Textbook More Books Accounting What the Numbers Mean Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele, 9th Edition 978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062 Ask a Question and Get Instant Help! Study Help Services Sitemap Fun Definitions Become Tutor Used Textbooks Study Help Categories Recent Questions Expert Questions Campus Wear Sell Your Books Company Info Security Copyrights Privacy Policy Terms & Conditions SolutionInn Fee Scholarship Online Quiz Give Feedback, Get Rewards Get In Touch About Us Contact Us Career Jobs FAQ Student Discount Campus Ambassador Secure Payment Download Our App © 2026 SolutionInn. All Rights Reserved $