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The____ defense system is  ____.

Posted byAnonymous August 5, 2021July 22, 2023

Questions

The____ defense system is  ____.

The____ defense system is  ____.

The____ defense system is  ____.

The____ defense system is  ____.

The____ defense system is  ____.

The____ defense system is  ____.

The____ defense system is  ____.

QUESTION 3: CASHFLOW STATEMENT (20 mаrks; 12 minutes)   The fоllоwing infоrmаtion wаs obtained from the accounting records of Tasmay Ltd on 31 December 2021, the financial year-end. The company has an authorised share capital of 750 000 ordinary shares.   INFORMATION:   A. Extract from the statement of comprehensive Income for the year ended 31 December 2021.     Sales R1 295 100 Interest on loan 27 000 Interest on overdraft 380 Depreciation 58 000 Income tax 23 000 Net profit after taxation 77 000         B. Information from the Statement of Financial Position:       2021 2020 Ordinary share capital 678 000 440 000 Retained income 73 000 56 000 Loan: TK Bank 130 000 170 000 Fixed assets (carrying value) 549 000 420 000 Inventory 61 000 73 000 Trade debtors and other receivables 214 320 150 600 Bank (dt) 30 130   Bank overdraft   10 000 Cash float 1 000 1 000 Trade creditors and other payables 158 400 152 550 SARS: Income tax* 4000 (dt) 10000 (ct) Shareholders for dividends* 28 000 22 000     *Included in the Trade and other receivables and Trade and other payables above.   C. Total dividends for the year amounted to R60 000.   D. New equipment was purchased, and a vehicle was sold at its carrying value of R17 000 during the year.   E. No shares were repurchased during the year.       [20]

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Tags: Accounting, Basic, qmb,

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