https://elearning.nusta/elearn/mod/quiz/attempt.php?attempt=8632518cmid=2396 90% a goog BENDIKIA AND ADDITIONAL INFORMATION: 1. On 3 October 2019 Receivable Namibre (Pty) Ltd's debt was written off as irrecoverable. (This write-off has already been appropriately recognised.) On 31 December 2019 the liquidator of Receivable Namibre (Pty) Ltd's insolvent estate deposited an amount of N$50 000 directly into James Bond Entity's bank account by means of an EFT. This amount is James Bond Entity's portion of a liquidation distribution made to Receivable Namibre (Pty) Ltd's payables. 2. An inventory count of Trading Inventory on hand on 31 December 2019 determined that the cost of Trading Inventory on hand amounted to N$15 000. 3. An inventory count of stationery on hand on 31 December 2013 determined that the cost of stationery on hand amounted to N$13 000, 4. The December 2019 payroll still needs to be accounted for. The following amounts were extracted from the payroll for December 2019 Gross salaries: N$84 000 Net salaries: N$52 000 5. The water and electricity account for December 2019 to the amount of N$5 300 was received on 10 January 2020 from Payable City of Windhoek and is payable before 20 January 2020. The gross profit figure for James Bond Entity amounts to: (7 marks) Select one: O a. N$630 000 O b.N$852 000 0 cN52 054 000 O d. N5620 000 Previous page Next page e B 3 C https://elearning.nusta/elearn/mod/quiz/attempt.php?attempt=8632518cmid=2396 90% a goog BENDIKIA AND ADDITIONAL INFORMATION: 1. On 3 October 2019 Receivable Namibre (Pty) Ltd's debt was written off as irrecoverable. (This write-off has already been appropriately recognised.) On 31 December 2019 the liquidator of Receivable Namibre (Pty) Ltd's insolvent estate deposited an amount of N$50 000 directly into James Bond Entity's bank account by means of an EFT. This amount is James Bond Entity's portion of a liquidation distribution made to Receivable Namibre (Pty) Ltd's payables. 2. An inventory count of Trading Inventory on hand on 31 December 2019 determined that the cost of Trading Inventory on hand amounted to N$15 000. 3. An inventory count of stationery on hand on 31 December 2013 determined that the cost of stationery on hand amounted to N$13 000, 4. The December 2019 payroll still needs to be accounted for. The following amounts were extracted from the payroll for December 2019 Gross salaries: N$84 000 Net salaries: N$52 000 5. The water and electricity account for December 2019 to the amount of N$5 300 was received on 10 January 2020 from Payable City of Windhoek and is payable before 20 January 2020. The gross profit figure for James Bond Entity amounts to: (7 marks) Select one: O a. N$630 000 O b.N$852 000 0 cN52 054 000 O d. N5620 000 Previous page Next page e B 3 C
