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 4 500 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 November 2007 What would the balance of the coital columit beat the end of the financial year? 1504 cach RI 27C Sunny ENG US M 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 4 500 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 November 2007 What would the balance of the coital columit beat the end of the financial year? 1504 cach RI 27C Sunny ENG US M