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Kindly answer this as it is asked .pdf Adobe Acrobat Reader DC Account. x 79 QUESTION FOUR 5251 The following information was extracted from the
Kindly answer this as it is asked
.pdf Adobe Acrobat Reader DC Account. x 79 QUESTION FOUR 5251 The following information was extracted from the accounting records of Mode Lid for the financial year ended 30 Ane 2000 Extract from Statement of Profit or loss and other comprehensive income of Mode Lid for the year ended 10 June 2020 R Gross profil Dividends received Proton sale of machine Depreciation Interest expense Distribution administration and other expenses Taxon Proft for the year after taxation 1440 000 63000 75 000 15000 180 000) 403 000) 1430 000 540 000 Extraction Statement official position of Midlom und 2 ASSETS dobe Acrobat Reader DC un X 8 79 Extract from Statement of financial position of Mode Ltd as at 30 June 2020: 30 June 2020 30 June 2015 ASSETS R R Land and buildings 925 000 890.000 Machinery and carrying amount 675 000 250 000 Investments 235 000 35 000 inventory 170 000 480 000 Trade deblos 140 000 400 000 Recover of revenue income tax 10 000 NIE Bank balance 30 000 15 000 Totalto 2385000 2 420 000 EQUITY AND LIABILITIES EQUITY Oinary the capital Fandango 1565 000 745 000 830 000 940-000 480 000 460 000 LIABILITIES Lahat ng Tradh Relax 820.000 750.000 00 1480 000 Osa 10:00 23.000 10 Total 234060 22 e Acrobat Reader DC 9 / 9 Additional information: 1. Shares were issued for cash during the year 2. Dividends of R180 000 were declared during the current financial year 3. On 31 October machinery with a carrying amount of R110000 wan gold for cash. A replacement machine as well as additional machinery was purchased for cash 14. No long term borrowings were made dunng the year 5. Investments were sold dunng the year. No new investments were purchased 8 Required: Take above informatio account is prepare the start out to Models to the year enda so June 2000 to the increme Comouw the lemonal Financial Reporting Stonords aines sow a woning end off with anStep by Step Solution
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