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Egan the condtions under c (10 QUESTION 2 Owedema Traders is being at the 1008 The penalty sccnding to the wh sta months from the

Egan the condtions under c (10 QUESTION 2 Owedema Traders is being at the 1008 The penalty sccnding to the wh sta months from the ning d 31 MARKSS at the Eegiment Equity Act it Delamin not Owede Zuna Towns should contability for the the Conceptual Framework Zuma Tradery Dam 01 January 2023 T 00 January 2009 21 January 200 20 Juary 2003 Goods sold s d of me Required 203 January 2003 Caren (9) 12 Ma Dissolution and also explain what happens to the assets of the must sports dissolutos Marks) b) Idently the parties under which a we typically established for and on behat of (Mark) QUESTION 2 01 MARKS) Owede-Zuma Traders is being sued for the violation of the Employment Equity Act of 1998 The penalty according to the ab ris R 44 000 This amount should be paid months from the ning date and falls within the cument financial year within Required: a) Determine whether or not Geede-Zuma Traders should record a lability for the penalty Give reasons for your answer with reference to the Conceptual Framework (10 Marksi b) You have been presented with the following information for Gwede-Zuma Traders that transpired during the month of January 2023 Date 01 January 2023 03 January 2023 21 January 2023 29 January 2023 Transaction Purchased inventory amounting to R15.400 Made a long term investment by acquiring shares worth R28 560 from Mega Venture Cash in the petty cash box amounted to R2002 Goods sold to customers amounted to R13 160. However, only R3 220 was moved from customers by the end of the mooth Required: HAPSED JA JUN ANNUR FORMATIVE ASSIS identify the asset in each of the above nations and dassify a sither curet or non cumunt by wing the soal amount of the a Answer the question by using the blowing 12 Marka)

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