Question
Bonnie Ltd sells car batteries, with branches Rundu and Okahandja. The branch in Okahandja has incurred losses for the past two years. The board of
Bonnie Ltd sells car batteries, with branches Rundu and Okahandja. The branch in Okahandja has incurred losses for the past two years. The board of Bonnie Ltd approved a formal plan for the discontinuance of the Rundu branch on the 31 July 2020. The board had approved a formal document for the piecemeal sale of the assets of the branch and redemption of liabilities on the same day. The branch closure has been published in the Namibian news papers on the 01 September 2021 and all assets placed for sale on marked prices. The board does expect the discontinuance of the Rundu branch to be completed by the 31 March 2021. The following information relates to the financial period ended 31 December 2020 before the discontinued operations :
The following information relates to the financial period ended 31 December 2020 before the Nicrontinund nnaratiane. The following information relates to the financial period ended 31 December 2020 before the Nicrontinund nnaratiane
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