1. Prepare the entries in the journal of Fun & Walk (Pty) Limited to record the takeover of Tendesius cc 2. Prepare a statement of financial position of Fun & Walk (Pty) Limited as at 01 March 2018. 3. Name the characteristic of a cc

Brown and James are the sole members in Tendesius cc, a business enterprise which organizes fun and walks. They have an equal share in the profits and loses and they each contributed N$2 500 to start the corporation in 2015. On 1 March 2018, fun and walks (Pty) made an offer to take over Tendesius cc. At that date the members loan was payable to James. Brown did not want to take up the offer so he asked to be paid out.

Q 121 mars Brown and the wo r s in Tene b res enterprise which are fun and walls. They have an in the press and loses and they contributed N$ 2500 to start the co o n 2015. O 1 March 2015, Fun & Wall Listed made an offer to take Tandssa m w p ojemes Brown dat want to take up the ested to be The statement of picon of unse r ebruary 2018 was as follows: Acumulato Carrying amount 15 000 ETT Fun d ed to pay $ 100 od o ver the business N y umes for 150 e for the of 50 best share on - Limited NS 1 achtov of 100 in Fun & P e tra a 1719 of Fun & Wals (Pty Limited at 28 February 2013 was as follow ASSETS Non-current assets Carrying amount Land & Building Motor vehides EQUITY AND LIABILITIES Your cuired: 1. Prepare the entries in the journal of Fun & Walk Pty) Limited to record the takeover of Tendesius ce marks 2. Prepare a statement of financial position of Fun Walker Limited a l March 2018 12 Marks 3. Name one characteristic of acc mark Page 1 of 19 Q 121 mars Brown and the wo r s in Tene b res enterprise which are fun and walls. They have an in the press and loses and they contributed N$ 2500 to start the co o n 2015. O 1 March 2015, Fun & Wall Listed made an offer to take Tandssa m w p ojemes Brown dat want to take up the ested to be The statement of picon of unse r ebruary 2018 was as follows: Acumulato Carrying amount 15 000 ETT Fun d ed to pay $ 100 od o ver the business N y umes for 150 e for the of 50 best share on - Limited NS 1 achtov of 100 in Fun & P e tra a 1719 of Fun & Wals (Pty Limited at 28 February 2013 was as follow ASSETS Non-current assets Carrying amount Land & Building Motor vehides EQUITY AND LIABILITIES Your cuired: 1. Prepare the entries in the journal of Fun & Walk Pty) Limited to record the takeover of Tendesius ce marks 2. Prepare a statement of financial position of Fun Walker Limited a l March 2018 12 Marks 3. Name one characteristic of acc mark Page 1 of 19