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entries regarding the burglary were made in the books QUESTION 1 Which of the following alteratives represents the correct amount that must be recorded as as mark-up on inventory stolen in the branch adjustment account? . A. 1875 ( . B. 1875 (DO . C. 1500 Cn D. 1 500 (DO . Reset Selection Question 2 of 4 5:0 Polots QUESTION 2 Which of the following alternatives tepresents the correct amount that must be recorded as branch expense (inventory stolen) in the branch expense account? A.5625 (Cn) - 8.5 000 (Dri . C. 5525 (Dr D. 6 000 (1) Reet Selection . Question 3 of 4 5.0 Points Question 3 of 4 5.0 Points QUESTIONS Which of the following alternatives represents the correct amount that must be recorded as cash sales in the . A. 71 600 (Dn B. 57 600 (CH C. 71 600 (CO D.57 600 Dni 50 Points QUESTION 4 Won of the folong temes represents the correct amount that must be recorded as credit sales in th A. 57 600 DO . B. 71 600 (CS) C.57 600 (CD) D. 71 600 (Dr) Reset Selection 94 000 89000 Equipmentat carrying amount Fixed deposit (15% per annum, matures on 31 Dec 2025) 122 000 100 000 Distributions to mamebers payablo 12 000 25 000 Trade receivables control 11200 9000 SARS (income tax (CrVincome tax payable 7 800 9 600 Long-term loan (Cavendish) 53 750 2. The following information was taken from the income statement for the financial year onded 30 April 2021 R Revenue 425 000 Depreciation 19 700 Profit on sale of vehicle 7 250 Loss on equipment written off 3 400 Income tax expense 17 800 Interest on long-term loan (TDF Bank) 9 800 On 30 April 2021 a total amount of RA doo was apportioned to the members from the profits of the Co This amount was paid in cash on this cate 4 The cash paid to the suppliers and employees for the 2021 financial year amounter 10 R300 990 5. During the financial year Cavendish discontinued his membership and immigrated to Togo Cavendish agreed that the ce repay his members contribution in 4 equal installments. The balance of his member's cantabution account was closed off to a long-term an account the first instalment payment on the can account was made on 27 January 2021 6 The following transactions took place in respect of property plant and equipment 6.1. A vehicle was sold for cash during the financial year at the date of the sale the carving amount of this vehicle was R39.000 No other vehicles were bought or sold during the financial year 62 Redundant equipment was written off during the financial year and replaced with new equipment which was purchased for cash at a cost of R1B 300 No further equipment was sold or purchased during the financial year 5.3 Additional buildings were constructed and paid for in cash QUESTION 1 63 Additional tudings were constructed and paid for in cesh QUESTION 1 which at the following alternatives represents the correct amount that must be disclosed cash receipts from customers in the cash generated from operations section according to direct method in the statement easti tions at the for the year ended 30 20219 A.122 500 - B. 15 200 C. 125 000 D. 427 200 eset Selection Question 2 of 16 50 Points QUESTION 2 Assime the correct cash receipts from customers is R500 000 Wirich of the following alterativis te present the correct amount that must be disclosed as cash generated from operations in the cash news from operating activities section according to indirect method in the statement of cash Tioms zit Mate ca for the year endea 30 Apr 20213 A (300 990) B. 199 010 0.300 990 0. 121 810 Selection Question 13 of 16 5.0 Points QUESTION 13 Which of the following alternatives represents the correct amount that must be disclosed as proceeds on sale of vehicle in the cash flows from investing activities section according to direct method in the statement cash haws of Matej CC for the year ended 30 An 20212 . A. 45250 . . B. (46 2001 C. (39000 D. 39.000 . RH Selection Question of 16 50 points QUESTION 14 Which of the following alternatives represents the correct amount that must be disclosed as repayment of member's contributions in the cash generated from operations section according to direct method in the statement cash flow of tec In the year endet 50 A 20:17 AD B. 56 000 . C021 250) D. 1050001 estion 7 of 15 50 Points QUESTION 7 Which of the organemates represents the correct amount that must be disclosed as distributions to members paid the cash generated from operation schon according to direct method in the ment cathtown of Matejad for the year ended 30 April 20217 A.47100 B. . C170001 - D. 47000 Res Selection Question 8 of 16 50 points QUESTIONS Which of the following alternatives represents the correct amount mat me te disclosed as replacement of equipment niestet roeity.cantang pent to menta operatina cancity in the cast Hous trommuting activites section according to direct method in the statement can towe cetate cc for the year ended 30 April 2021 A. 18.00 118300) 0.0 D. 10 000 Resen Question of 10 60 pm Question 6/16 50 POINTS QUESTIONS Which of the following alternatives represents the correct amount that must be disclosed as income tax palaines generated from operations section according to greut method in the statement casni tows of Mate ce for the yellented 10 An 20212 A. 17 800 . B. (19 500) C. 19 600 D.0 se Selection Question 6 of 16 50 Points QUESTIONS Which of the following alteratives represents the correct amount that must be discloset as distributions to members paid in The cash rows from financing activities secim according to direct method in the statement cash flows of Mate OC for the year ended 30 Apr 20217 A. (47000) B. 47.000 . CO D. 34 000 Reset stedlich Question 15 of 16 5.0 Points QUESTION 16 Which of the following temates represents the commount that must be disclosed as repayment of members contributions in the cash floves from financing activities section according to direct method in the statement cash flows of Matej CC for the year ended 30 Apo 2021? A. 185.000) B. 85000 co D. 121 250) Reset Set Quesun 16 of 16 Su Hot QUESTION 16 Which of the following alternatives represents the correct amount that must be disclosed it repayment of long-term loans in the cash news from mancing activities section according to the method in the statement tashrows of Mantel CC for the ye enced 30 April 20219 A. (31 100) B. 31 100 CD D. 5900 es schon Question 30t18 5. Points QUESTIONS Which of the following amernatives represents ane correct amount that must be disclosed as interest paid in the cash generated from operations section according to direct method in the statement cash rows of Mandos for the year ended 30 of 20017 A. 9 000 B8 900 C9 300 D. (9 500) Rethicon Question 4 of 15 50 Points QUESTION 4 Which of the following ternatives represents the correct amount that must be disclosed as income tax paid in the cash nows from Minancing activities sertion according to direct method in the statement cash flows of Matej CC Tor the year ended 30 Apr 20212 A. B. (19600) C. 17 800 . b. 19.600 Hesel Selection BOS QUESTION Which of the following alternatives represents the correct amount that roust be disclosed as replacement of equipment under Investment in property.nantaindegunment to expand operating capacity in the cash flows from west actives section according to direct method in the statement cast tows of Matej CC for the year ended A DAT A.18 300 8. (11 300) . G 13 800 0.0 Ret Section Question 10 of 16 50 points QUESTION 10 Which of the following attematives represents the correct amount that must be disclosed as additions to buildings under investment property plant and equipment to expand operating capacity in the castillows from investing activities section according to direct method in the statement cash flows of Matej cc for the year endea 30 An 20017 A. 56000 B. 56100 C. 156 000) D. Selection entries regarding the burglary were made in the books QUESTION 1 Which of the following alteratives represents the correct amount that must be recorded as as mark-up on inventory stolen in the branch adjustment account? . A. 1875 ( . B. 1875 (DO . C. 1500 Cn D. 1 500 (DO . Reset Selection Question 2 of 4 5:0 Polots QUESTION 2 Which of the following alternatives tepresents the correct amount that must be recorded as branch expense (inventory stolen) in the branch expense account? A.5625 (Cn) - 8.5 000 (Dri . C. 5525 (Dr D. 6 000 (1) Reet Selection . Question 3 of 4 5.0 Points Question 3 of 4 5.0 Points QUESTIONS Which of the following alternatives represents the correct amount that must be recorded as cash sales in the . A. 71 600 (Dn B. 57 600 (CH C. 71 600 (CO D.57 600 Dni 50 Points QUESTION 4 Won of the folong temes represents the correct amount that must be recorded as credit sales in th A. 57 600 DO . B. 71 600 (CS) C.57 600 (CD) D. 71 600 (Dr) Reset Selection 94 000 89000 Equipmentat carrying amount Fixed deposit (15% per annum, matures on 31 Dec 2025) 122 000 100 000 Distributions to mamebers payablo 12 000 25 000 Trade receivables control 11200 9000 SARS (income tax (CrVincome tax payable 7 800 9 600 Long-term loan (Cavendish) 53 750 2. The following information was taken from the income statement for the financial year onded 30 April 2021 R Revenue 425 000 Depreciation 19 700 Profit on sale of vehicle 7 250 Loss on equipment written off 3 400 Income tax expense 17 800 Interest on long-term loan (TDF Bank) 9 800 On 30 April 2021 a total amount of RA doo was apportioned to the members from the profits of the Co This amount was paid in cash on this cate 4 The cash paid to the suppliers and employees for the 2021 financial year amounter 10 R300 990 5. During the financial year Cavendish discontinued his membership and immigrated to Togo Cavendish agreed that the ce repay his members contribution in 4 equal installments. The balance of his member's cantabution account was closed off to a long-term an account the first instalment payment on the can account was made on 27 January 2021 6 The following transactions took place in respect of property plant and equipment 6.1. A vehicle was sold for cash during the financial year at the date of the sale the carving amount of this vehicle was R39.000 No other vehicles were bought or sold during the financial year 62 Redundant equipment was written off during the financial year and replaced with new equipment which was purchased for cash at a cost of R1B 300 No further equipment was sold or purchased during the financial year 5.3 Additional buildings were constructed and paid for in cash QUESTION 1 63 Additional tudings were constructed and paid for in cesh QUESTION 1 which at the following alternatives represents the correct amount that must be disclosed cash receipts from customers in the cash generated from operations section according to direct method in the statement easti tions at the for the year ended 30 20219 A.122 500 - B. 15 200 C. 125 000 D. 427 200 eset Selection Question 2 of 16 50 Points QUESTION 2 Assime the correct cash receipts from customers is R500 000 Wirich of the following alterativis te present the correct amount that must be disclosed as cash generated from operations in the cash news from operating activities section according to indirect method in the statement of cash Tioms zit Mate ca for the year endea 30 Apr 20213 A (300 990) B. 199 010 0.300 990 0. 121 810 Selection Question 13 of 16 5.0 Points QUESTION 13 Which of the following alternatives represents the correct amount that must be disclosed as proceeds on sale of vehicle in the cash flows from investing activities section according to direct method in the statement cash haws of Matej CC for the year ended 30 An 20212 . A. 45250 . . B. (46 2001 C. (39000 D. 39.000 . RH Selection Question of 16 50 points QUESTION 14 Which of the following alternatives represents the correct amount that must be disclosed as repayment of member's contributions in the cash generated from operations section according to direct method in the statement cash flow of tec In the year endet 50 A 20:17 AD B. 56 000 . C021 250) D. 1050001 estion 7 of 15 50 Points QUESTION 7 Which of the organemates represents the correct amount that must be disclosed as distributions to members paid the cash generated from operation schon according to direct method in the ment cathtown of Matejad for the year ended 30 April 20217 A.47100 B. . C170001 - D. 47000 Res Selection Question 8 of 16 50 points QUESTIONS Which of the following alternatives represents the correct amount mat me te disclosed as replacement of equipment niestet roeity.cantang pent to menta operatina cancity in the cast Hous trommuting activites section according to direct method in the statement can towe cetate cc for the year ended 30 April 2021 A. 18.00 118300) 0.0 D. 10 000 Resen Question of 10 60 pm Question 6/16 50 POINTS QUESTIONS Which of the following alternatives represents the correct amount that must be disclosed as income tax palaines generated from operations section according to greut method in the statement casni tows of Mate ce for the yellented 10 An 20212 A. 17 800 . B. (19 500) C. 19 600 D.0 se Selection Question 6 of 16 50 Points QUESTIONS Which of the following alteratives represents the correct amount that must be discloset as distributions to members paid in The cash rows from financing activities secim according to direct method in the statement cash flows of Mate OC for the year ended 30 Apr 20217 A. (47000) B. 47.000 . CO D. 34 000 Reset stedlich Question 15 of 16 5.0 Points QUESTION 16 Which of the following temates represents the commount that must be disclosed as repayment of members contributions in the cash floves from financing activities section according to direct method in the statement cash flows of Matej CC for the year ended 30 Apo 2021? A. 185.000) B. 85000 co D. 121 250) Reset Set Quesun 16 of 16 Su Hot QUESTION 16 Which of the following alternatives represents the correct amount that must be disclosed it repayment of long-term loans in the cash news from mancing activities section according to the method in the statement tashrows of Mantel CC for the ye enced 30 April 20219 A. (31 100) B. 31 100 CD D. 5900 es schon Question 30t18 5. Points QUESTIONS Which of the following amernatives represents ane correct amount that must be disclosed as interest paid in the cash generated from operations section according to direct method in the statement cash rows of Mandos for the year ended 30 of 20017 A. 9 000 B8 900 C9 300 D. (9 500) Rethicon Question 4 of 15 50 Points QUESTION 4 Which of the following ternatives represents the correct amount that must be disclosed as income tax paid in the cash nows from Minancing activities sertion according to direct method in the statement cash flows of Matej CC Tor the year ended 30 Apr 20212 A. B. (19600) C. 17 800 . b. 19.600 Hesel Selection BOS QUESTION Which of the following alternatives represents the correct amount that roust be disclosed as replacement of equipment under Investment in property.nantaindegunment to expand operating capacity in the cash flows from west actives section according to direct method in the statement cast tows of Matej CC for the year ended A DAT A.18 300 8. (11 300) . G 13 800 0.0 Ret Section Question 10 of 16 50 points QUESTION 10 Which of the following attematives represents the correct amount that must be disclosed as additions to buildings under investment property plant and equipment to expand operating capacity in the castillows from investing activities section according to direct method in the statement cash flows of Matej cc for the year endea 30 An 20017 A. 56000 B. 56100 C. 156 000) D. Selection