WebBuy fixed asset, or Add to the value of an existing fixed asset Revenue expenditure is expenditure which does not increase the value of fixed assets, but is for running the business on a day-to-day basis. 3 Capital expenditure 1. Purchase cost of the fixed asset 2. Delivery cost 3. Installation costs 4. Inspection and testing before use 5. WebNov 8, 2013 · The purpose of this guide is to assist teachers and learners in Grade 10 - 12 to manage and provide a detailed study of the Accounting processes. The self-study guide deals with the following topics: 1. Accounting Equation and Analysis of transactions 2. Bank Reconciliation 3. Control Accounts 4. Debtors Age analysis 5.
SESSION 3: COMPANIES FINANCIAL STATEMENTS (THE …
Web3.2 Complete the Asset Disposal account in the general ledger of Rover Stores to record an old vehicle traded in against a new vehicle on 30 June 20.8. (13) 3.3 Show all calculations for depreciation on both vehicles and equipment. (18) 3.4 Complete the Fixed asset note from the financial statements on 31 March 20.9. (10) INFORMATION: 1. WebGAAP and fixed assets GAAP Fixed assets Internal control QUESTION 2: 50 marks; 45 minutes Topic of the question: This question integrates: Income Statement and Balance Sheet Note Income Statement Trade and Other Payables Note QUESTION 3: 40 marks; 30 minutes Topic of the question: This question integrates: Partnerships Concepts Notes to … the people\u0027s pension ras
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WebGrade 11; Fixed assets; View Topics. Toggle navigation. Topics. Grade 10. Exam Revision; Grade 11. Reconciliations; ... Companies - Final Accounts, Financial Statements and Notes; Companies - Analysis and Interpretation; Companies - Analysis of Published Financial Statements and Audit Reports; Term 1 Revision; Ethics Fixed Assets; WebASSET DISPOSAL 4 STEPS FOR ASSET DISPOSAL C A S P 1. Transfer the cost of the asset being sold to the asset disposal account. Dr Asset disposal Cr the “’asset” account e.g. Vehicles 2. Transfer the total of the accumulated depreciation, to date of sale, of the asset being sold, to the asset disposal account. Dr Accumulated Depreciation Webwww.education.gov.za siberian cats for sale canada