Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 24, 2024

Question 1 (30 marks)In the 2021 year of assessment, Funani resigned and withdrew R1500 000 from his pension fund. He transferred R1 200 000 of

Question 1 (30 marks)In the 2021 year of assessment, Funani resigned and withdrew R1500 000 from his pension fund. He transferred R1 200 000 of thispension fund to a pension preservation fund. In t 2 answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Construction accounting and financial management

Authors: Steven j. Peterson

2nd Edition

135017114, 978-0135017111

More Books

Students also viewed these Accounting questions

Question

★★★★★

Bob was waiting at the crosswalk for the light to turn green. As he stood there, a car that was stopped in the road next to him suddenly exploded, and Bob was injured by the blast. A defect in the...

Answered: 1 week ago

Question

★★★★★

Suppose you are the director of student activities at your university. Recently, some students have charged that your department misallocates its resources. They claim the allocation is based on...

Answered: 1 week ago

Question

★★★★★

The following are representations of acidbase reactions: + 11 + +

Answered: 1 week ago

Question

★★★★★

4. Outline and critically evaluate the RNR model of offender rehabilitation.

Answered: 1 week ago

Question

★★★★★

The SEC Form 10-K on NIKE is reproduced in Appendix C. REQUIRED: Review the NIKE SEC Form 10-K, answer the following question: a. What percentage of total assets do property, plant, and equipment and...

Answered: 1 week ago

Question

★★★★★

Q1.2.3 ? i will upvote budget for fiscal year 2018. Hazlett accounts for direct materials and ending finished goods using a FIFO cost flow assumption. Here is information for 2018: Combs are...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 Steph likes basketballs and sneakers. He has welldened indifference curves, which are bowed towards the origin and do not intersect either axis. The price of basketballs is $30 and the...

Answered: 1 week ago

Question

★★★★★

In the figure below, a stainless steel wire is supporting a weight, W. The Yield Strength and Young's Modulus for stainless steel (Grade 304) is 205 MPa and 190 GPa, respectively. What is the maximum...

Answered: 1 week ago

Question

★★★★★

Keelan visited a local accounting office and gave a demonstration to the accountants of a software product he was selling that streamlined the tax filing process. The accountants were excited at the...

Answered: 1 week ago

Question

★★★★★

P15-6- EOQ, reorder point, and safety stock Outdoor Living Manufacturers uses 1,000 units of a product per year. The fixed cost is $28 per order, while the carrying cost is $5 perunit per year. The...

Answered: 1 week ago

Question

★★★★★

In order to show more reported gains or less reported losses on the income statement, "gains trading" can be accomplished by selling securities classified as ____ with gains or by transferring...

Answered: 1 week ago

Question

★★★★★

A worker in charge of assembling a bicycle finds a faster way to mount the pedals. He turns to his supervisor. The supervisor explains that the process had been optimized by the engineering...

Answered: 1 week ago

Question

★★★★★

-Your answer is partially correct. Mordica Company's standard labor cost per unit of output is $24.64 (2.20 hours x $11.20 per hour). During August, the company incurs 2,233 hours of direct labor at...

Answered: 1 week ago

Question

★★★★★

A researcher reports a significant two-way between-subjects ANOVA, F(3, 40) = 2.96. State the decision to retain or reject the null hypothesis for this test.

Answered: 1 week ago

Question

★★★★★

a. Explain how an inverse-floating-rate municipal bond can be created. b. Who determines the leverage of an inverse floater? c. What is the duration of an inverse floater?

Answered: 1 week ago

Question

★★★★★

Following is a portfolio consisting of 50 bonds with a market value of $100 million as of April 29, 2011: Identifier Description Position Amount ($) Market Value ($) 003723AA ABN AMRO BANK NV...

Answered: 1 week ago

Question

★★★★★

Explain why you agree or disagree with the following statements: a. All municipal bonds are exempt from federal income taxes. b. All municipal bonds are exempt from state and local taxes.

Answered: 1 week ago

Previous Question Next Question