Tlokotsi Semela

Happy new year message to my girlfriend Tumi

1 year ago

Happy new year to my best friend Keitumetse

1 year ago

Appeal to University of the Free State for asking permission to register for the following modules that I've failed twice, GPEV1623, EBUS1624, UFSS1504

1 year ago

Perusal number

1 year ago

Pursal number

1 year ago

Persal number

1 year ago

Types of Braid sickness

1 year ago

How to deal with dementia/alzheimer

1 year ago

Message to my girlfriend telling how much I love her

1 year ago

Letter to request volunteerism to teach at Sekgutlong high school

1 year ago

Letter to request volunteerism to teach at Sekgutlong high school as I'm teaching student

1 year ago

Happy Valentine's day to my girlfriend

1 year ago

How can I convert Facebook group to Facebook page

1 year ago

Inonge is not doing very well at school. Although she is bright, her homework is often poorly done, or not done at all, and she often feels tired in class. The principal and the majority of teachers in this school see school and home as separate – a view...

1 year ago

Inonge is 13 years old. She is the eldest of five children and has four younger brothers. They live with their mother, father, and paternal grandfather in a small house in a semi-rural area near the town of Pemba in Southern Zambia, where she attends a lo...

1 year ago

The closing inventory of AB Ltd amounted to R116,400 excluding the following two inventory lines: (a) 400 items which had cost R4 each. All were sold after the statement of financial position date for R3 each, with selling expenses of R200 for the batch....

1 year ago

According to IAS 2 Inventories, which of the following costs should be included in valuing the inventories of a manufacturing company? (1) Carriage outwards (2) Depreciation of factory plant (3) Carriage inwards (4) General administrative overheads

1 year ago

estimated selling price in the ordinary course of business, less any completion costs and costs of sale is called…? a. Present value b. Market value. c. Net realizable value. d. Fair value.

1 year ago

Which of the following costs must be expensed under IAS 2? a. Costs of purchase that are paid to the suppliers of raw materials. b. Import duties on raw materials that are paid to the authorities. c. Variable production overheads that are allocated to eac...

1 year ago

Shaw Ltd imported raw materials from China worth R100,000. They paid R8,000 as import duties and R2,000 as import taxes (the import taxes were subsequently refunded by the local government). They paid R15,000 for transportation of the materials from China...

1 year ago

Thunder Limited had inventory with a cost of R10,000 at the end of the financial period, 31 December 20.19. It estimated the net realisable value of this inventory was R9,000 at 31 December. One week later, the inventory was sold for R7,000. If their fina...

1 year ago

Which of the following costs are not included while computing the cost of purchase of Inventories (IAS 2)? a. Purchase Price b. Recoverable taxes c. Import duties d. Shipping costs

1 year ago

Trace’s Ltd business sells three products: A, B and C. The following information was available at the year-end: Product A: Original cost per unit, R7 Estimated selling price per unit, R15 Selling and distribution costs per unit, R2 Units of inventory:20 P...

1 year ago

a. Treated as a deferred expense and written off based on the average inventory holding period. b. Recognise as an expense in the period in which the write-down occurs. c. Recognised as an expense in the subsequent period in which such write-down is warra...

1 year ago

Which of the following is allowed as a cost of inventory under IAS 2? a. Abnormal waste b. Storage costs c. Selling costs d. Manufacturing overheads e. General administration overhead

1 year ago

ABC Ltd has the following inventory records for the month of January 20.20 January 1 Inventory on hand: 50 units at a cost of R10 per unit. January 4 Purchased 90 units at a cost of R15 per unit. January 10 Sold 65 units January 20 Purchased 30 units at a...

1 year ago

Sticky Ltd manufacturers and sells adhesive warning signs for workplaces. The stock of signs was included in the closing inventory as of 31 December 20.19 at a cost of R50 per pack. During the final audit the auditors noted that the subsequent selling pri...

1 year ago

What would be the effect on a business profit, which has been calculated including inventory at cost, of discovering that one of its inventory items which cost R7,500 has a net realisable value of R8,500? An increase of R8 500. b. An increase of R1 000. c...

1 year ago

Zippy Machines Ltd is in the business of procuring a specific type of machine and sells them to international markets. During the year, the Zippy Machines Ltd bought four machines costing R120,000, R140,000, R130,000 and R100,000 respectively. During the...

1 year ago

The estimated selling price in the ordinary course of business, less any completion costs and costs of sale is called…?

1 year ago

Any amount of write-down of inventories to net realisable value should be… a. Treated as a deferred expense and written off based on the average inventory holding period. b. Recognise as an expense in the period in which the write-down occurs. c. Recognis...

1 year ago

What would be the effect on a business profit, which has been calculated including inventory at cost, of discovering that one of its inventory items which cost R7,500 has a net realisable value of R8,500? a. An increase of R8 500. b. An increase of R1 000...

1 year ago

Bookkeeper calculated net profit to be R420 000, and the following adjustments were not recorded: -Bank charges were R820 -Owner took stock for personal use, selling price was R2500 and the cot price was R1800 -Depreciation of equipment at 10% on deminish...

1 year ago