QUESTION 120 Marks REQUIRED Use the information provided below to prepare the Cash Flow Statement for the year ended 30 June 2000 INFORMATION The norton gwer below was extracted from the books of Siyakta Limited for the tnancial year ended 30 June 2020 1. STATEMENT OF FINANCIAL POSITION AS AT 20 JUNE 2030 R R ASSETS Property, part and equipment See note to the totalements below. 18206 9380 Inventory 1539000 1600 Acours Bank 351000 490 000 23469000 20680 000 EQUITY AND LIABILITIES Ordinary Share Capital 9900 000 a 220 000 and Income 2015 17000 Loan OVS Bana 100000 6940000 Accountable 3795 000 3549000 Company tax payah 150000 564 000 Didends payable 93000 754000 23400000 20680 000 2. STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2020 Depreciation on Vehicles Depreciation on Equipment Operating profil Interest on Loan Proft betreba Protortartas 123000 1083.000 3801000 1434000 2317000 1235 000 R906 000 2020 2019 3 STATEMENT OF CHANGES IN EQUITY AS AT 30 JUNE 2020 Ordinay Share Odonds for the your 4. NOTE TO THE FINANCIAL STATEMENTS AS AT 30 JUNE Property, plant and equipment Vehicles (Cast Actume Depressioon Vides Equpment Costi Actuated Depression on Event 7350 000 250 000 15926000 5922000 8 340 000 143000 11 940 000 4839000 20 Marks) Note: . Some of the care sold at carryg ved during the year, but one which were bought Equipment was purchased for cash during the year, no coupent was sold QUESTION 4 REQUIRED 41 Use the motion provided below to the bigaties for the receyewered 31 Deonter 2019 When poster to two decades 411 Grossman 412 Current tato (2) 12 ) 4.1.2 Remony 12) 4.14 Inventory turnover (20 Marks Note: Some of the vehicles were soldat carya wale turn the year, but no new vides were bought En was purchased for cash during the year, prenes sold QUESTION REQUIRED 4.1 Use the information provided below to calculate the following ratios for the framsial yaar anded 31 December 2019. (Where applicable, express answers to two decimal places 411 Grossmagin 412 Current 413 Retom of equity 414 vertory mom 415 Detto 2 12 mens 12 m 12 metai 4.16 Banings per share 2 marks 4.1.7 Deblos colectan period 2 marts 4.2 Comment on the following is that have been calculated for Mersat Limited Provide to significant comes bor each Ratio 2010 4.2.1 Return on as 23.15% 2025 2 marts 4.22 Credits payment period 50.56 ay 2 marts 423 Adwo 2361 631 2 marka INFORMATION Excerpts at the francial data of Merset Limited for 2019 are as follows: STATEMENT OF COMPREHENSIVE INCOVE FOR THE YEAR ENDES 1 DECEMBER 2013 R 600 600 Cost of sales 4614 000 Operating pool 1446 000 most expense 240 000 Pobre 1 200 000 1680 STATEMENT OF FINANCIAL POSITION AS AY ST CECEMBER 2013 R ASSETS Noncurrentes Ime ACCOUNTS Cash FIPIT 40 000 342 000 1 440 000 24000 6246 000 EQUITY AND LIABILITIES Cronary area Rolandas Longterton Accounts payable 600.000 516 000 4254 000 B76 000 6246 000 Additional information 1. Inventories on 31 December 2013 anoured to R276 000 2. Al purchases and sales of invertory anal cred! 3 250 000 ordinary shares have been issued by the party 4. The creditor oftered by supplers er days. STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 R ASSETS Non-current Inaones Accetto Cash 38206 342 000 1440 000 4000 6246 000 EQUITY AND LIABILITIES Ordinary are capital Rendange Long term loan Accounts reabile 500 000 516 000 4254 000 BE000 6246 000 Additional information 1 Inwers on 31 December 2015 anotted to R276 000 Al purchases and solely need 3 250 000 ordinary showered by the cowy 4 The credited by suppliers we 60 days 2000 QUESTIONS 20 Marku The foon geen bow was erected from Betting cost of Ree Traders en business Brian and Tarynas partners. REQUIRED Use the formaton provided to prepare the Statement of Changes Equity for the year ended 9 February INFORMATION Entract from the Indiger of Briter Traders as at 23 February 2020 Debit Credit R R Cape Brian 300 000 Cup Taryn 600 000 Current ac in March 20 50 Curental Tamil March 2016 30 000 Drawings Brian 350 000 Drawings: Taryn 250 000 The following must be taken into account: 1 Os 29 February 2000 Star of Compare the efected, orgalows, the QUESTIONS 20 Markal The information webwesenicha tom te sunting scorta Bw Truckerpartient buses with Brian and Taryn as partes. REQUIRED Use the formation provided to prepare the Statement of Chaspes in Equity for the year ended 29 February 2000 INFORMATION Extract from the Indiger of BritaTrader us at 29 February 2020 Debit Credit R R Capital Ban 500 000 Capital Tey F.O0 000 Current a Gran March 2017 50.000 Current ac Tarm ( March 2016 30 000 Drawings Brian 35000 Drawings Taryn 250 000 The following must be taken into account 1. On 29 Feray 2000 Sal of Carrive home fece rorows, the tolong Sales R1 200 000 R50600 Net R700000 2. The partners earn interest at 12% pa on the capital balances. Note: Brancesed his captal balance by R100 000 on 1 September 2019 wist Tarm decreased her capital balance by R100 000 on the same date 3. The partners were entitled to the flowing monthly salaries from D1 March 2015 30 November 2013 Bron 13000 Tarye 14000 There are by 10% with elect from 01 December 2019 4 Tart in ersted to a specw borsa o to 0% of the result for the financiar 6. The remaining protons must be sand equally beton Brian and Tayn END OF PAPER QUESTION 120 Marks REQUIRED Use the information provided below to prepare the Cash Flow Statement for the year ended 30 June 2000 INFORMATION The norton gwer below was extracted from the books of Siyakta Limited for the tnancial year ended 30 June 2020 1. STATEMENT OF FINANCIAL POSITION AS AT 20 JUNE 2030 R R ASSETS Property, part and equipment See note to the totalements below. 18206 9380 Inventory 1539000 1600 Acours Bank 351000 490 000 23469000 20680 000 EQUITY AND LIABILITIES Ordinary Share Capital 9900 000 a 220 000 and Income 2015 17000 Loan OVS Bana 100000 6940000 Accountable 3795 000 3549000 Company tax payah 150000 564 000 Didends payable 93000 754000 23400000 20680 000 2. STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2020 Depreciation on Vehicles Depreciation on Equipment Operating profil Interest on Loan Proft betreba Protortartas 123000 1083.000 3801000 1434000 2317000 1235 000 R906 000 2020 2019 3 STATEMENT OF CHANGES IN EQUITY AS AT 30 JUNE 2020 Ordinay Share Odonds for the your 4. NOTE TO THE FINANCIAL STATEMENTS AS AT 30 JUNE Property, plant and equipment Vehicles (Cast Actume Depressioon Vides Equpment Costi Actuated Depression on Event 7350 000 250 000 15926000 5922000 8 340 000 143000 11 940 000 4839000 20 Marks) Note: . Some of the care sold at carryg ved during the year, but one which were bought Equipment was purchased for cash during the year, no coupent was sold QUESTION 4 REQUIRED 41 Use the motion provided below to the bigaties for the receyewered 31 Deonter 2019 When poster to two decades 411 Grossman 412 Current tato (2) 12 ) 4.1.2 Remony 12) 4.14 Inventory turnover (20 Marks Note: Some of the vehicles were soldat carya wale turn the year, but no new vides were bought En was purchased for cash during the year, prenes sold QUESTION REQUIRED 4.1 Use the information provided below to calculate the following ratios for the framsial yaar anded 31 December 2019. (Where applicable, express answers to two decimal places 411 Grossmagin 412 Current 413 Retom of equity 414 vertory mom 415 Detto 2 12 mens 12 m 12 metai 4.16 Banings per share 2 marks 4.1.7 Deblos colectan period 2 marts 4.2 Comment on the following is that have been calculated for Mersat Limited Provide to significant comes bor each Ratio 2010 4.2.1 Return on as 23.15% 2025 2 marts 4.22 Credits payment period 50.56 ay 2 marts 423 Adwo 2361 631 2 marka INFORMATION Excerpts at the francial data of Merset Limited for 2019 are as follows: STATEMENT OF COMPREHENSIVE INCOVE FOR THE YEAR ENDES 1 DECEMBER 2013 R 600 600 Cost of sales 4614 000 Operating pool 1446 000 most expense 240 000 Pobre 1 200 000 1680 STATEMENT OF FINANCIAL POSITION AS AY ST CECEMBER 2013 R ASSETS Noncurrentes Ime ACCOUNTS Cash FIPIT 40 000 342 000 1 440 000 24000 6246 000 EQUITY AND LIABILITIES Cronary area Rolandas Longterton Accounts payable 600.000 516 000 4254 000 B76 000 6246 000 Additional information 1. Inventories on 31 December 2013 anoured to R276 000 2. Al purchases and sales of invertory anal cred! 3 250 000 ordinary shares have been issued by the party 4. The creditor oftered by supplers er days. STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 R ASSETS Non-current Inaones Accetto Cash 38206 342 000 1440 000 4000 6246 000 EQUITY AND LIABILITIES Ordinary are capital Rendange Long term loan Accounts reabile 500 000 516 000 4254 000 BE000 6246 000 Additional information 1 Inwers on 31 December 2015 anotted to R276 000 Al purchases and solely need 3 250 000 ordinary showered by the cowy 4 The credited by suppliers we 60 days 2000 QUESTIONS 20 Marku The foon geen bow was erected from Betting cost of Ree Traders en business Brian and Tarynas partners. REQUIRED Use the formaton provided to prepare the Statement of Changes Equity for the year ended 9 February INFORMATION Entract from the Indiger of Briter Traders as at 23 February 2020 Debit Credit R R Cape Brian 300 000 Cup Taryn 600 000 Current ac in March 20 50 Curental Tamil March 2016 30 000 Drawings Brian 350 000 Drawings: Taryn 250 000 The following must be taken into account: 1 Os 29 February 2000 Star of Compare the efected, orgalows, the QUESTIONS 20 Markal The information webwesenicha tom te sunting scorta Bw Truckerpartient buses with Brian and Taryn as partes. REQUIRED Use the formation provided to prepare the Statement of Chaspes in Equity for the year ended 29 February 2000 INFORMATION Extract from the Indiger of BritaTrader us at 29 February 2020 Debit Credit R R Capital Ban 500 000 Capital Tey F.O0 000 Current a Gran March 2017 50.000 Current ac Tarm ( March 2016 30 000 Drawings Brian 35000 Drawings Taryn 250 000 The following must be taken into account 1. On 29 Feray 2000 Sal of Carrive home fece rorows, the tolong Sales R1 200 000 R50600 Net R700000 2. The partners earn interest at 12% pa on the capital balances. Note: Brancesed his captal balance by R100 000 on 1 September 2019 wist Tarm decreased her capital balance by R100 000 on the same date 3. The partners were entitled to the flowing monthly salaries from D1 March 2015 30 November 2013 Bron 13000 Tarye 14000 There are by 10% with elect from 01 December 2019 4 Tart in ersted to a specw borsa o to 0% of the result for the financiar 6. The remaining protons must be sand equally beton Brian and Tayn END OF PAPER