Question $46$

Which one of the following alternatives represents the correct trade and other receivables amount that must be disclosed in the statement of financial position in the statement of financial position of KekeLingo Tyres CC as at $28$ February $2024?$

a$.$

R $506,000$

b$.$

R $515,000$

c$.$

R $506,100$

d$.$

R $490,000$

Question $47$

Which one of the following statements represents the correct disclosure of loan to member: Lingo in the statement of financial position of KekeLingo Tyres CC as at $28$ February $2024?$

a$.$

the loan is disclosed separately under non$-$current assets

b$.$

the loan is deducted from the loans from partners

c$.$

the loan is disclosed separately under current assets

d$.$

the loan is disclosed as part of trade and other receivables

e$.$

the loan is disclosed as part of partner's current accounts

Question $48$

Which one of the following alternatives represents the correct loan to members amount that must be disclosed under non$-$current assets in the statement of financial position of KekeLingo Tyres CC as at $28$ February $2024?$

a$.$

R $0$

b$.$

R $84,000$

c$.$

R $554,100$

d$.$

R $84,400$