FAC 2601

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Exam (elaborations)

FAC2601 EXAM PACK
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173

March 2023

2022/2023

A+
This question must be answered in your examination answer book – please only write down the number that you think is correct. Each question has only one correct answer. The marks per question are indicated in brackets at the end of each question. (a) The following list of balances appear, amongst others, in the accounting records of Vusi Ltd on 31 October 2020: Ordinary share capital (shares issued at R2.30 each) R1 265 000 Proceeds of ordinary shares issued on 30 June 2020 R 540 000 (Shares i...
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Exam (elaborations)

FAC2601 FINANCIAL ACCOUNTING FOR COMPANIES
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173

November 2022

2022/2023

A+
FAC2601 FINANCIAL ACCOUNTING FOR COMPANIESThe following list of balances appear, amongst others, in the accounting records of Vusi Ltd on 31 October 2020: Ordinary share capital (shares issued at R2.30 each) R1 265 000 Proceeds of ordinary shares issued on 30 June 2020 R 540 000 (Shares issued at R2.70 each) The following decision was taken and has not yet been recorded in the accounting records of Vusi Ltd as at 31 October 2020: The directors decided on a capitalisation share issue of 1 share f...
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