on cost Required: (a) Assuming the firm bought no extra fixed assets and disposed of none, complete the Schedules shown below for the year ended 31st December 2015: FIXED ASSETS DEPRECIATION At cost at start FY Accumulated at start of FY Additions during FY Disposals during the FY Cost at end of FY Charge for the FY Disposals during the FY Accumulated at end FY ||

on cost Required: (a) Assuming the firm bought no extra fixed assets and disposed of none, complete the Schedules shown below for the year ended 31st December 2015: FIXED ASSETS DEPRECIATION At cost at start FY Accumulated at start of FY Additions during FY Disposals during the FY Cost at end of FY Charge for the FY Disposals during the FY Accumulated at end FY ||

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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QUESTION 13 A company had net non-current assets of R13 000 at the end of 2019 and R11 000 at the end of 2018. In addition, the company had a depreciation expense of R350 during 2019 and R500 during 2018. Based on this information, the company’s net non-current asset investment for 2019 was ... 1. R 0. R2 000. R2 350. 4 R2 500.
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End of year a. Determine the as Asset turnover
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