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AutoSave QUESTION 2 - Saved to this PC- Search Milton Binvis MB File Insert Draw Design Layout References Mailings Review View Help Share Comments Home

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AutoSave QUESTION 2 - Saved to this PC- Search Milton Binvis MB File Insert Draw Design Layout References Mailings Review View Help Share Comments Home X Cut s Copy Find Replace Select Editing Dictate Paste Format Painter Clipboard Editor Voice Editor Calibri Light (Hea 48 A A Aa A 211 BIUX, * ADA 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em. Font 5 Paragraph Styles QUESTION 2 (25 MARKS Fruit bought 70% of Salad on 1M2000. The following are the statements of profit or loss of Fruit and Salad for the year ended 31 March 2001: Fruit $ 000 N$ 000 11.200 10,400 Cost of sales 112.800 Gross profit 13,400 4.800 Operating expenses SOCI 2.2001 Profit from operations 4,900 1,600 Investment income 2.000 Profit before 6.900 1500 Income tax expense 12.000 1500 Profe for the year 4.800 1.100 2 The following information valable: VO12020, un home parts the book of Sweder value of $5,000,000 in excess of its carrying amount. At this time, the plant had a remaining the of 10 years. Deprecationis charged to cost of sales During the post-acoustion period Salad sok goods to Froil for SA.400,000, Of a mount $500,000 was induded in the story of fruit at the yearend Salad ears a margin * Goodwill mounting to $800,000 arose on the acquisition of Salad, which had been measured using the fair value method. Goodwill to be paired by lo at the year-end. Impairment fosses should be charged to open Salad paid a dividend of $500,000 on 1 January 2021 Salads land increased in value by 5500,000 over its value at the date of acquisition and there was alsons franceset forvalehother comprehensive income per IFRS 9 for the year of $100,000. Al mare deemed to accrue evenly over time except where there indicated Required: Prepare the consolidated statement of proter for the year ended 31 March 2001 for the group Show All you working Page 1 of 1 words DO English (South Africa Accessit Investigate Droous m AutoSave QUESTION 2 - Saved to this PC- Search Milton Binvis MB File Insert Draw Design Layout References Mailings Review View Help Share Comments Home X Cut s Copy Find Replace Select Editing Dictate Paste Format Painter Clipboard Editor Voice Editor Calibri Light (Hea 48 A A Aa A 211 BIUX, * ADA 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em. Font 5 Paragraph Styles QUESTION 2 (25 MARKS Fruit bought 70% of Salad on 1M2000. The following are the statements of profit or loss of Fruit and Salad for the year ended 31 March 2001: Fruit $ 000 N$ 000 11.200 10,400 Cost of sales 112.800 Gross profit 13,400 4.800 Operating expenses SOCI 2.2001 Profit from operations 4,900 1,600 Investment income 2.000 Profit before 6.900 1500 Income tax expense 12.000 1500 Profe for the year 4.800 1.100 2 The following information valable: VO12020, un home parts the book of Sweder value of $5,000,000 in excess of its carrying amount. At this time, the plant had a remaining the of 10 years. Deprecationis charged to cost of sales During the post-acoustion period Salad sok goods to Froil for SA.400,000, Of a mount $500,000 was induded in the story of fruit at the yearend Salad ears a margin * Goodwill mounting to $800,000 arose on the acquisition of Salad, which had been measured using the fair value method. Goodwill to be paired by lo at the year-end. Impairment fosses should be charged to open Salad paid a dividend of $500,000 on 1 January 2021 Salads land increased in value by 5500,000 over its value at the date of acquisition and there was alsons franceset forvalehother comprehensive income per IFRS 9 for the year of $100,000. Al mare deemed to accrue evenly over time except where there indicated Required: Prepare the consolidated statement of proter for the year ended 31 March 2001 for the group Show All you working Page 1 of 1 words DO English (South Africa Accessit Investigate Droous m

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