FAC1601 ASSIGNMENT 1 SEMESTER 1 OF 2021
FAC1601 ASSIGNMENT 1 SEMESTER 1 OF 2021 FAC1601 ASSIGNMENT 1-SEMESTER 1 OF 2021 1 .4 2. 2 Calculation of interest expense R Interest mortgage-city bank(121 500* 9%) 10 935 Interst on long-term loan from mcgregor ( 50000 * 12% * 1000 = 11935 Total expense 3 1 Calculation of depreciation expense R Remaining vehicle () – (40 000 – 24 000) * 25% 81 250 Sold vehicle ( ) * 25% 6750 Total depreciation 88 000
Geschreven voor
- Instelling
- University of South Africa
- Vak
- FAC1601 ASSIGNMENT 1 SEMESTER 1 OF 2021 (FAC1601ASSIGNMENT1SEMESTER1OF2021)
Documentinformatie
- Geüpload op
- 17 juni 2021
- Aantal pagina's
- 5
- Geschreven in
- 2020/2021
- Type
- Tentamen (uitwerkingen)
- Bevat
- Vragen en antwoorden
Onderwerpen
-
fac1601 assignment 1 semester 1 of 2021