Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please assist with the following question Question Jerrms Enterprises have below excitrom the tra blanca asal 2 February 2019 Details Debits Credit Eurnert 500 000

image text in transcribed

image text in transcribed

image text in transcribed

please assist with the following question

Question Jerrms Enterprises have below excitrom the tra blanca asal 2 February 2019 Details Debits Credit Eurnert 500 000 Accumulated depreciation equiment Veides 450 000 Accumulated depreciation vehicles 150 000 500 000 Ad depreciation macheery 2 Et Station of Finance Position of summer 2010 Emers 120.000 300 000 Additional information - Derecho en questa citatomo bend Wideoteca 20 on these med - The catheted on the west benou - Der er med on the main todos need to me ty Vehics . On me 31st of July 2019, a new car was purchased from Green Motors for R250 000 A 20% deposit was padon purchase and the balance is to be financed by a bank loan The vehicle was avatable borse on the 11 August 2010 acturing the necessary finance but unfortunately brought into one on the 19th September 2010 . On the oth of November 2016 a vehicle that cost R126 500 wistol it was bought on May 2017 at RIO (VAT excluded) and was available for use on the same day Machinery . The machine in the balance was brought on the 1st May 2017 at a foto cost of R500 000 AT anda ham value This machine had a capacity to produce 55000 units For the year ending 28 Fermy 2018, 2019 and 2000 number of units produced was 11 000, 14000 and 15 000 units in the Ten spective years on the Foy 2020, Jemima Enterprises sold his machine for RA 600 WAT exclude to my Enterprises Dermatos y bien processed since has been brought into use A new machine was ordered on the 30th April 2019 and paid to R437 000 limparted to allontana titted to the machine to answethali wcold be sable for use in the business. The stabilizercoss R7 000 WAT E and was bad in cash The bus 55 also paid a labour cool of R18 100 for the converse of the machinery total of 000 units was produced from the day the machine was gishas been mad that the man be able to produce 40 000unds You are required to Prapa the non-current assets note to the financial statements February 2020 FILL IN THE MISSING AMOUNT, DO NOT USE SPACE, RAND, OR DECIMALS WITHE AMOUNTS EQUPMENT VEHICLES MACHINE Carrying 01 March 2016 Accumulated con required to Prepare the non-current assets note to the financial statement as a 28 February 2006 FILL IN THE MISSING AMOUNT, DO NOT USE SPACE, RAND, OR DECIMALS WITH AMOUNTS EQUIPMENT MEHICLES MACHINE Carrying value 01 March 2015 Cast Accumulated Deprecation Movements Additions Disposal Depreciation Carrying value 26 February 2020 Cost Accumulated Depreciation Question Jerrms Enterprises have below excitrom the tra blanca asal 2 February 2019 Details Debits Credit Eurnert 500 000 Accumulated depreciation equiment Veides 450 000 Accumulated depreciation vehicles 150 000 500 000 Ad depreciation macheery 2 Et Station of Finance Position of summer 2010 Emers 120.000 300 000 Additional information - Derecho en questa citatomo bend Wideoteca 20 on these med - The catheted on the west benou - Der er med on the main todos need to me ty Vehics . On me 31st of July 2019, a new car was purchased from Green Motors for R250 000 A 20% deposit was padon purchase and the balance is to be financed by a bank loan The vehicle was avatable borse on the 11 August 2010 acturing the necessary finance but unfortunately brought into one on the 19th September 2010 . On the oth of November 2016 a vehicle that cost R126 500 wistol it was bought on May 2017 at RIO (VAT excluded) and was available for use on the same day Machinery . The machine in the balance was brought on the 1st May 2017 at a foto cost of R500 000 AT anda ham value This machine had a capacity to produce 55000 units For the year ending 28 Fermy 2018, 2019 and 2000 number of units produced was 11 000, 14000 and 15 000 units in the Ten spective years on the Foy 2020, Jemima Enterprises sold his machine for RA 600 WAT exclude to my Enterprises Dermatos y bien processed since has been brought into use A new machine was ordered on the 30th April 2019 and paid to R437 000 limparted to allontana titted to the machine to answethali wcold be sable for use in the business. The stabilizercoss R7 000 WAT E and was bad in cash The bus 55 also paid a labour cool of R18 100 for the converse of the machinery total of 000 units was produced from the day the machine was gishas been mad that the man be able to produce 40 000unds You are required to Prapa the non-current assets note to the financial statements February 2020 FILL IN THE MISSING AMOUNT, DO NOT USE SPACE, RAND, OR DECIMALS WITHE AMOUNTS EQUPMENT VEHICLES MACHINE Carrying 01 March 2016 Accumulated con required to Prepare the non-current assets note to the financial statement as a 28 February 2006 FILL IN THE MISSING AMOUNT, DO NOT USE SPACE, RAND, OR DECIMALS WITH AMOUNTS EQUIPMENT MEHICLES MACHINE Carrying value 01 March 2015 Cast Accumulated Deprecation Movements Additions Disposal Depreciation Carrying value 26 February 2020 Cost Accumulated Depreciation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions

Question

Describe the shape of a normal probability distribution.

Answered: 1 week ago

Question

What are the advantages and disadvantages of flextime?

Answered: 1 week ago

Question

What could Kathy have done to keep the situation from occurring?

Answered: 1 week ago

Question

How can Seaview improve their benefits communication? Discuss.

Answered: 1 week ago