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this is the entire question i was provided , please also look at the other questions i posted please urgently help QUESTION THREE The following

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QUESTION THREE The following extracts of the financial statements of Rockgrip industries were presented to you: statement of Comprehenelve Income (Income statement) for the year ended 30 June: statement of Financial Position (Balance aneet) as at 30 June: 1. All sales and purchases are made on credt. 2. Depreciation included in operating expenses for the year ending 30 June 2020 : Omce machinery R200 000 and Motor vehicles R240 000. No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amounted to R460 000 . 4. Dividend declared for the year ended 30 June 2020 amounted to R360 000 . 5. The ordinary shares have a par value of R1. QUESTION THREE The following extacts of the financial sutemerts of Rockgrip indutries were tresented ts you: Statement of Comprehensive income fincome statement) for the year ended 30 June: Stamement of Financial Position (Balance aheet) as at 30 June: Additional information: 1. Al swes and purchases are made con credt 2. Depreciation inclused in operating eapenses for the year ending 30 June 2020 Offoe mactinery R200 000 and Motor vesides R240 000 No asset was suld during the period. 3. Invertories for the year ending 30 June 2018 amounted to Rs60 000 4. Divend declared for the year ended 90 June 2020 amounted to R360 000 5. The onsinaty shares have a par value of R1. QUESTION THREE [30] The following extracts of the firandal stakments of Rockgry houtsies were presented to you: Statement of Comprehensive income (Income statement for the year onded 30 June: Statement of Finaneial Pasition tralance sheeti as at 30 June: 1. All sales and purchases are made on create 2. Deprociabion included in operating expenses for the year ending 302 2ne 2020 . Ollice machinery R200 000 and Molor vehicles Pe40 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amourted to R.650 000 4. Dividend deciared for the yeat ended 30 dune 2020 anourted to R360 000 . 5. The ordinary shares have a par value of R1. QUESTION THREE The following extracts of the financial statements of Rockgrip industries were presented to you: statement of Comprehenelve Income (Income statement) for the year ended 30 June: statement of Financial Position (Balance aneet) as at 30 June: 1. All sales and purchases are made on credt. 2. Depreciation included in operating expenses for the year ending 30 June 2020 : Omce machinery R200 000 and Motor vehicles R240 000. No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amounted to R460 000 . 4. Dividend declared for the year ended 30 June 2020 amounted to R360 000 . 5. The ordinary shares have a par value of R1. QUESTION THREE The following extacts of the financial sutemerts of Rockgrip indutries were tresented ts you: Statement of Comprehensive income fincome statement) for the year ended 30 June: Stamement of Financial Position (Balance aheet) as at 30 June: Additional information: 1. Al swes and purchases are made con credt 2. Depreciation inclused in operating eapenses for the year ending 30 June 2020 Offoe mactinery R200 000 and Motor vesides R240 000 No asset was suld during the period. 3. Invertories for the year ending 30 June 2018 amounted to Rs60 000 4. Divend declared for the year ended 90 June 2020 amounted to R360 000 5. The onsinaty shares have a par value of R1. QUESTION THREE [30] The following extracts of the firandal stakments of Rockgry houtsies were presented to you: Statement of Comprehensive income (Income statement for the year onded 30 June: Statement of Finaneial Pasition tralance sheeti as at 30 June: 1. All sales and purchases are made on create 2. Deprociabion included in operating expenses for the year ending 302 2ne 2020 . Ollice machinery R200 000 and Molor vehicles Pe40 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amourted to R.650 000 4. Dividend deciared for the yeat ended 30 dune 2020 anourted to R360 000 . 5. The ordinary shares have a par value of R1

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