Question Completion Status: 20 points Use the following information to complete the investment Account (general ledger) in the books of a company for the financial period ended 28 February 2021 as well required A company uses a ledger account for investments in 8% R1 Municipal Stocks, showing nominal value Income and capital investment, Interest on stocks payable 30 June Their documents showed the following transactions in the above-mentioned stock 1 2 3 Balance on hand 1 March 2020 R6 000, valued at R6 100 On 1 June 2020 purchased R3 000 at 105 cum div. Brokerage and expenses amounted to R15 On 1 November 2020 sold R6 000 at 110 cum div. Brokerage and expenses amounted to R30 On 1 December 2020 purchased R9 000 at 102 ex div. Brokerage and expenses amounted to R45 On 1 February 2021 sold R4 500 al 103 ex div. Brokerage and expenses amounted to R25 4 5 The company's financial year ends on 28 February. They value stock at Fifo. INVESTMENT ACCOUNT 8% R1 MUNICIPAL STOCKS. INTEREST 30. JUNE AND 31 DECEMBER Cap Date Details Nom Inc Date Details Inc Nom 2020 2020 27C Sunny a do ENG US 50 PM 13-Sep-21 o Question Completion Status: INVESTMENT ACCOUNT 8% R1 MUNICIPAL STOCKS - INTEREST: 30 JUNE AND 31 DECEMBER Cap Date Details Nom Date Details Nom Inc Ine 2020 01/03 Balance 6 2020 01/06 000 Inc adjustment 01/06 Bank 3 000 30/06 Bank 01/11 Bank Capital 6 000 Capital Inc adjustment Profit with sale 01/11 01/12 Capital 01/12 Bank 000 31/12 Bank Inc adjust 2021 2021 01/02 Capital 01/02 Bank 500 E 27C Surya NING 501 PM 13:21 US * Question Completion Status: Inc adjust 2021 2021 01/02 Capital 01/02 Bank 500 Profit with sale 28/02 Profit and loss 28/02 inc adjustment Income accrued Balance 01/03 Balance of the company had used the weighted average method of valuation for the above Investment What would the motorious be for the transaction on 1 November 2007 What would the balance of the capital column beat the end of the financial vede? Question Completion Status: 20 points Use the following information to complete the investment Account (general ledger) in the books of a company for the financial period ended 28 February 2021 as well required A company uses a ledger account for investments in 8% R1 Municipal Stocks, showing nominal value Income and capital investment, Interest on stocks payable 30 June Their documents showed the following transactions in the above-mentioned stock 1 2 3 Balance on hand 1 March 2020 R6 000, valued at R6 100 On 1 June 2020 purchased R3 000 at 105 cum div. Brokerage and expenses amounted to R15 On 1 November 2020 sold R6 000 at 110 cum div. Brokerage and expenses amounted to R30 On 1 December 2020 purchased R9 000 at 102 ex div. Brokerage and expenses amounted to R45 On 1 February 2021 sold R4 500 al 103 ex div. Brokerage and expenses amounted to R25 4 5 The company's financial year ends on 28 February. They value stock at Fifo. INVESTMENT ACCOUNT 8% R1 MUNICIPAL STOCKS. INTEREST 30. JUNE AND 31 DECEMBER Cap Date Details Nom Inc Date Details Inc Nom 2020 2020 27C Sunny a do ENG US 50 PM 13-Sep-21 o Question Completion Status: INVESTMENT ACCOUNT 8% R1 MUNICIPAL STOCKS - INTEREST: 30 JUNE AND 31 DECEMBER Cap Date Details Nom Date Details Nom Inc Ine 2020 01/03 Balance 6 2020 01/06 000 Inc adjustment 01/06 Bank 3 000 30/06 Bank 01/11 Bank Capital 6 000 Capital Inc adjustment Profit with sale 01/11 01/12 Capital 01/12 Bank 000 31/12 Bank Inc adjust 2021 2021 01/02 Capital 01/02 Bank 500 E 27C Surya NING 501 PM 13:21 US * Question Completion Status: Inc adjust 2021 2021 01/02 Capital 01/02 Bank 500 Profit with sale 28/02 Profit and loss 28/02 inc adjustment Income accrued Balance 01/03 Balance of the company had used the weighted average method of valuation for the above Investment What would the motorious be for the transaction on 1 November 2007 What would the balance of the capital column beat the end of the financial vede
