SOLUTION: The following balances/totals were obtained from the financial records of Zulu Traders on 31 July 2018:
R
Property, plant and equipment - carrying amount ........................
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-> SOLUTION: The following balances/totals were obtained from the financial records of Zulu Traders on 31 July 2018:
R
Property, plant and equipment - carrying amount ........................
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Question 1139648: The following balances/totals were obtained from the financial records of Zulu Traders on 31 July 2018:
R
Property, plant and equipment - carrying amount ....................................
450 000
Trade and other payables ........................................................................
27 000
Cash and cash equivalents ......................................................................
22 000
Trade and other receivables ....................................................................
31 000
Long-term borrowings: SA Bank ..............................................................
68 000
Inventory ..................................................................................................
36 000
Revenue ..................................................................................................
210 000
Depreciation: Machinery ..........................................................................
42 000
Administrative expenses ..........................................................................
18 000
Drawings ..................................................................................................
6 000
1.Which one of the following options represents the total amount of assets that will form part of the statement of financial position of Zulu Traders for the year ended 31 July 2018?
2.Which one of the following options represents the total amount of liabilities that will form part of the statement of financial position of Zulu Traders for the year ended 31 July 2018?
