Question
SIZANANI LIMITEDSTATEMENT OF FINANCIAL POSITION AT 28 FEBRUARY 2019R2011 R2010 ASSETSNon-current assets445 000412 000Land & buildings at cost362 500300 000Plant & equipment at costAccumulated depreciation
SIZANANI LIMITEDSTATEMENT OF FINANCIAL POSITION AT 28 FEBRUARY 2019R2011
R2010
ASSETSNon-current assets445 000412 000Land & buildings at cost362 500300 000Plant & equipment at costAccumulated depreciation on Plant & Equipment265 500(183 000)252 000(140 000)Current assets447 000361 000Accounts receivable100 000120 000Inventory180 000220 000Cash & cash equivalents167 00020 000Prepaid expenses6001 000TOTAL ASSETS892 600773 000EQUITY & LIABILITIESCapital & reserves450 100353 000Share capital237 500200 000Retained earnings212 600153 000Non-current liabilitiesMortgage bond322 500280 000Current liabilities120 000140 000Accounts payable64 00097 000SARS26 00018 000Shareholders for dividends30 00025 000TOTAL EQUITY & LIABILITIES892 600773 000
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
