Senza and Ngakhona came together to form a conteany specialising on collecting and sething special art work. from the local talent avound Mrambith Senzangakhora Pairting was foctred as a clote corporation with Senaz and Ngakhona as mecnbera. The infaemation below nertains to the besiness activities of the clase corporation for the year ended 2 E Fetruary 2022. 1. EXTRACT OF BALANCES A5 AT 28 Fobruary 2022+ 21. The fined deporit in Mnambithi bami matures on 3t Decernber 202.4. 2.2. Due to investmene coenmitenents recuring cash iquection, the CC decided on the fallowing: Q7 28 February 2022. adritted a reev mentber Tiyani for a contribetion of eath amount of 9105000 and equpment valued of R40 500 . This trinsaction is yet to be recordod. 23. The long-term foan trom Mrambithi Bank was yranted on 1 Dectmber 2021 . The foah is secured by a first mortgace over land and buldings and is repwable in four equal arshusi irstalments together with interest, with the ferst instalreent on 1 December 3022 2.4. All ioans to members are immeciately callable whilst the ioun from Sonza is tepoyable in fall on 10 Nevember 2023 2.5. Investments consast of - Imvestmont in Makhathini (pry) tid valutd R110 C00 - 2000 shares in Njengabo tad at R97 000 . These shares were tradieg at R50.5 at 28 February 2022. 2.6. The acceuntant of the CC negiected to incord the sale of a vehicle with a cost price of lt35co0. The wehicle was sold for R342.000 cash on 1 November 2021 . The accumulated depreciation on the wehicle amovinted to P78 000 on 1 November 7021. 2.7. A triephons statemant trom Teksam ralating to February 2022 was roceived on 4 March 2922 2.8. Depreciation tor the year which must still be proviced foe was correctly calculated as tollowe -Buidings-Equipment-VehiclesRts.000R44600R51.100 Which one of the following alternatives represents the correct carrying amount for land amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R1002700 b. R 1007200 c. R1002000 d. R 2896100 Which one of the following alternatives represents the correct carrying amount for buildings amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R 2545300 b. R 2699300 c. R 2896100 d. R 2896000 Which one of the following alternatives represents the correct carrying amount for equipment amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R 403000 b. R 447600 c. R531400 d. R 362500 Which one of the following alternatives represents the correct fixed deposit amount that must be disclosed under current assets section in the statement of financial position of Senzangakhona Painting as at 28 February 2022 ? a. R0 b. R131900 c. R131000 d. R 139100 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 Senzangakhona Painting as at 28 February 2022 ? a. R 378100 b. R 396200 c. R389200 d. R 389000 Senza and Ngakhona came together to form a conteany specialising on collecting and sething special art work. from the local talent avound Mrambith Senzangakhora Pairting was foctred as a clote corporation with Senaz and Ngakhona as mecnbera. The infaemation below nertains to the besiness activities of the clase corporation for the year ended 2 E Fetruary 2022. 1. EXTRACT OF BALANCES A5 AT 28 Fobruary 2022+ 21. The fined deporit in Mnambithi bami matures on 3t Decernber 202.4. 2.2. Due to investmene coenmitenents recuring cash iquection, the CC decided on the fallowing: Q7 28 February 2022. adritted a reev mentber Tiyani for a contribetion of eath amount of 9105000 and equpment valued of R40 500 . This trinsaction is yet to be recordod. 23. The long-term foan trom Mrambithi Bank was yranted on 1 Dectmber 2021 . The foah is secured by a first mortgace over land and buldings and is repwable in four equal arshusi irstalments together with interest, with the ferst instalreent on 1 December 3022 2.4. All ioans to members are immeciately callable whilst the ioun from Sonza is tepoyable in fall on 10 Nevember 2023 2.5. Investments consast of - Imvestmont in Makhathini (pry) tid valutd R110 C00 - 2000 shares in Njengabo tad at R97 000 . These shares were tradieg at R50.5 at 28 February 2022. 2.6. The acceuntant of the CC negiected to incord the sale of a vehicle with a cost price of lt35co0. The wehicle was sold for R342.000 cash on 1 November 2021 . The accumulated depreciation on the wehicle amovinted to P78 000 on 1 November 7021. 2.7. A triephons statemant trom Teksam ralating to February 2022 was roceived on 4 March 2922 2.8. Depreciation tor the year which must still be proviced foe was correctly calculated as tollowe -Buidings-Equipment-VehiclesRts.000R44600R51.100 Which one of the following alternatives represents the correct carrying amount for land amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R1002700 b. R 1007200 c. R1002000 d. R 2896100 Which one of the following alternatives represents the correct carrying amount for buildings amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R 2545300 b. R 2699300 c. R 2896100 d. R 2896000 Which one of the following alternatives represents the correct carrying amount for equipment amount that must be disclosed in the statement of financial position of Senzangakhona Painting as at 28 February 2022? a. R 403000 b. R 447600 c. R531400 d. R 362500 Which one of the following alternatives represents the correct fixed deposit amount that must be disclosed under current assets section in the statement of financial position of Senzangakhona Painting as at 28 February 2022 ? a. R0 b. R131900 c. R131000 d. R 139100 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 Senzangakhona Painting as at 28 February 2022 ? a. R 378100 b. R 396200 c. R389200 d. R 389000