Question: ANSWER TO BE IN RANDS(R) SECTION A [100 MARKS] Answer ALL the questions in this section. QUESTION 1 (60 Marks) The following information relates to

ANSWER TO BE IN RANDS(R)

SECTION A [100 MARKS] Answer ALL the questions in this section. QUESTION 1 (60 Marks) The following information relates to Tabita Lid. The financial year ended on 28 February 2023. REQUIRED: 1.1 Refer to Information B. Calculate the missing amounts denoted by (a) to (e). (22 Marks) B: Non-current Assets Deprecation on vehicles is cilculated at 20%, pa on cost. The compary has two vehicles on 25 February 2023 One of these vehicles was purchased on 1 Seplember 2022. Extract from the Fued Assets Register in rsapsct of equipment sold. Findge (Mode X3) Date purchased: 1 March 2090 Dabe sold. 31 December 2022 Sold for R81250 Depreciation rates 10% p.a. (diminishing batance method)

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