Question: Knany sa and ? ? i i e respectively. As or 3 0 June ? ? U ? 4 , the sa ates paia to
Knanysa and respectively. As or June the saates paia to the pathers were only up to April
Time left ::
Adjustments at the end of the year:
The business aimed to expand its ope eations by acquiring additional land for sunflower cultivation. On June KEN Corp provided a loal of R to facilitate the purchase of a farm. The farmland was acquired on July at the cost of This loan is classified as longterm, with an annual interest rate to be repaid over years with equal instalments starting from June This fransaction has not yet been recorded.
On June it was decided that an outstanding debt of R owed to the business was unlikely to be recovered and should be written off as had debt.
Assume the correct trade and other receivables amount lls R Which one of the following alternatives represents the correct amount that must bedisclosed as current assets in the statement of financial position of Qabaqongo Oils as at $ June
a R
b R
c R
d R
e
f R
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