Moletji Ltd is public company owned by two prominent business women and the local community trust around the Capricom District Municipality. The company was founded in the year 2018 and the following information pertains to the company Extract of accounts pertaining to the statement of financial position as at 31 December: 2020 2019 R R Long-term loan 112 500 89 100 Loans to directors 47 900 13 800 Loans from shareholders 11 100 34 100 Trade payables control 59 900 48 000 Accrued security expense 7 100 1 800 Land and buildings at oost 758 700 615 500 Vehicles at cost 267 100 130 100 Furniture at cost 86 000 71 300 Investments at fair value 168 700 Accumulated depreciation: Vehicles 82 600 47 600 Accumulated depreciation: Furniture 15 700 13 300 Share capital: ordinary shares 515 200 266 800 Share capital: 12% preference shares 265 500 177 900 Retained earnings 484 100 370 400 Inventory 115 700 Dividends payable 46 900 14 900 Dividends receivable 3 000 2 500 SARS (Income tax) 46 900 Dr 103 800 Trade receivables control 66 400 77 900 Prepaid expenses (advertising) 7 900 5 500 Bank 37 600 2 100 77 200 Items disclosed in the statement of profit or loss and other comprehensive income for the year anded 31 December 2020 R Revenue 2 107300 Cost of sales 700 500 Pitton sale of non-current assets fumitur 900 Loss on sale on listed investments 3 600 Dividend Incomented investments 8800 Fair value in listed investments 14.300 Other operating expenses 140 000 Administrative expenses (including salaries and wages ) 161 700 Depreciation 51 500 Loss on sale of non-current asset vehicle - 12100 Interestepense 11 500 Income tax expense 232 100 Protetor the year 597 000 Additional information 1 The following relates to property, pont and equipment: On 31 October 2020. a vehicle with a cost price of R71 000 and accumulated depreciation of R50 000 on 1 January 2020 was sold for cash. A replacement vehicle was bought on 1 December 2000 . On 20 June 2020 lumture with a cost price of R4000 and accumulated depreciation of R1 200 was sold for cash. A replacement tumiture was bought on 31 JU 2020 All other purchases were in cast 2 is the accounting policy of the company to provide for depreciation as follow Vehicles According to the diminishing balance method at 20% per annum Furniture: According to the straight-ine method, at 25% per annum 3. The following relates to the shares of the company . On 31 August 2020, the shareholders approved the capitalisation issue of one (1) ordinary share for every four (4) ordinary shares held. On that date the number of ordinary shares issued were 98 000 shares. The capitalisation Issue was done from retained earings at RO 50 per share. All other issued shares were paid for in cash The company allotted and issued 45 000 ordinary shares and 12% preference shares on 31 October 2020. On 15 December 2020, the company declared an ordinary dividend of 30 cents per share 4. The investments consist of isted Shares in Mankwenguid bought for R3 each on 1 January 2020. The company sold 4 000 of these shares on 30 November 2020. 5. The following relates to loans for the company Interest on long-term loans is capitalised Loans to directors are interest free and immediately calable. Loans from shareholders are interest free and repayable on 30 November 2022. TON OLETIOR Question of 32 2.5 Points QUESTION 6 Which of the following alternatives represents the correct amount that must be disclosed as increase (decrease) in trade payables in the cash generated from operations section of the statement of cash flows of Molet Limited for the year ended 31 December 2020? A. 10 200 B. (8700 C. (10 2001 . D. 8 700 . E. (11 900) . F. 11 900 Reset Selection QUESTION a decir QUEMONT Question 7 of 32 2.5 Points QUESTION 7 Which of the following alternatives represents the correct amount that must be disclosed as increase (decrease in accrued expenses in the cash generated from operations section of the statement of cash flows of Molen Limited for the year ended 31 December 2020? . A (4200) . B. 4 200 . C. (4700) . D. (5300) E. 5300 F. 4700 Res Selection QUESTO Question of 32 2.5 Points QUESTIONS Which of the following alternatives represents the correct amount that must be disclosed as increase (decrease) in prepaid expenses in the cash generated from operations section of the statement of cash flows of Moletji Limited the year ended 31 December 2020? A. 1 600 B. 2 400 C. (1 600) D. (2400) . E. (2000) F. 2000 Reset Selection D QUELT mesma me rend + Quan w Steele Question of 2 2.5 Points QUESTION Which of the following alternatives represents the correct amount that must be dinclosed as interest paid in the cash flows from operating activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 20207 A (9000 3.0 . C. 11 500 D. 10 000 E. 9 000 F. (11 500) Reset Selection