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FAC2601 ASSIGNMENT 2 SEMESTER 2 OF 2022

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University Of South Africa (Unisa)
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FAC2601 - Financial Accounting And Reporting

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FAC2601 ASSIGNMENT 2 SOLUTIONS
SEMESTER 2 2022



Sankofa Ltd
Statement of Financial Position as at 30 June 2020
ASSETS
Non-current assets 4 532 985
Property, plant and equipment 3 398 985
Investment in subsidiary 100 000
Financial assets (84 000+950 000) 1 034 000

Current assets 627 600
Inventory (126 100+90 300+78 200) 294 600
Trade and other receivables 220 000
Financial assets 90 000
Cash and cash equivalents 23 000

Total assets 5 160 585
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FAC2601 - Financial Accounting And Reporting
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