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TAX2601 Assignment 6 (QUIZ ANSWERS) Semester 2 2023 - DUE 13 November 2023 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question 1 Complete Mark 3.00 out of 3.00 QUIZ Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as de ned) with a 31 March 2023 year of assessment. Calculate the "20% rule" with regards to esta...

100% SOLUTIONS FOR FAC1601 QUESTIONS ANSWERED Which of the following statements is correct: 1. A liability is a future obligation of a reporting entity to transfer an economic resource as a result of a past event. 2. The accounting equation is: Liabilities + Assets = equity 3. The value of a reporting entity lies in the net assets (assets minus liabilities) under its control. 4. Equity is the residual interest in the assets of the entity after deducting all the expenses.Question text The d...

COL3704 Assignment 3 (COMPLETE) Semester 2 2023 () - DUE 15 September 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance ............................... QUESTION 1 On 13 March, Alvereen Leonard approached three different credit providers and applied for credit. First, she approached Easy Loans and applied for a R5 000 loan to pay her outstanding utility bills. Next, she approached a second-hand car dealer, Cars at Cost, and purchased a R10 000 car o...

LML4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 (GROSS INCOME) Mr Makubu is a South African resident who owns a panel beating (motor vehicle repair) business, His-Way Mechanics, in Pretoria. On 13 January 2023, Mr Makubu entered into a contract with Mr Naidoo whereby Mr Makubu was to purchase parts needed for the repair of vehicles in his business in Pretoria. The agreement provided that Mr Naidoo would be paid R10 000 upo...

FAC1601 Assignment 2 Semester 1 2023/2024 Update FAC1601 Assignment 2 Semester 1 2023/2024 Update Question 1 Which of the following statements is correct: 1. When revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 2. The selling price of a partnership is determined by the cost price of the partnership. ...

TAX2601 ASSIGNMENT 3 SEMESTER 2 - 2023 CLOSING DATE: 04 SEPTEMBER 2023 QUESTION 1 PART A REQUIRED: Calculate the normal tax liability of Health Harmony (Pty) Ltd for the 2023 year of assessment. Provide reasons for your answer in respect of the marketing expense as well as for all amounts that are not taxable and/or not deductible. PART B REQUIRED: Calculate the first provisional tax payment of Health Harmony (Pty) Ltd for the 2024 year of assessment and provide the date by whic...

TAX2601 Assignment 3 Semester 2 2023 (SOLUTIONS/ANSWERS) QUESTIONS ASKED: TAX2601 2023 Semester 2 ASSESSMENT 3 — QUESTIONS The due date for this assessment is 4 September 2023 @ 10h00. The assessment covers learning units 3 — 5. TAX2601/2023/Semester 2/Assessment 3 Instructions when answering the questions: e You may write or type your answers, however, it must be uploaded on myUnisa as ONE document in a .pdf format. e You must SUBMIT YOUR ANSWERS TO ALL THE QUESTIO...

FIN3701 FINANCIAL MANAGEMENT MAY/JUNE 2017 MEMO (Q1) 2 cost 1 000 000 Accumulated depreciation (20% x 1 000 000) x 3 (600 000) 400 000 (Q2) 2 proceeds 200 000 Book value (400 000) Loss (200 000) Tax benefit (29% x 200 000) 58 000 (Q3) 1 200 000 + 58 000 (Q4) 3 750 000+20 000+5000-258 000-7000 (Q5) 2 (Q6) 2 (Q7) 1 (Q8) 2 NPV = PI (initial investment)-initial investment (Q9) 2 (Q10) 1 (Q11) 1 discount rate= 6%+0.9(9-6) =8.7 NPV= 400 000{(1.0875 -1)/0.087(1.0875...

MRL3701 ASSIGNMENT 2 MEMO - SEMESTER 1 - 2024 UNISA – DUE DATE: - 9 APRIL 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Question Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situation. By 31 October 2023 his liabil...

TAX2601 Assignment 3 Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . TASK 1 Information regarding task 1: Client: RentaGeny (Pty) Ltd owns various generators which they rent out to customers across Gauteng. The company’s year of assessment ends on 28 February 2023. A particular generator (the Bela-Bela generator) was purchased for R17 800 on 1 June 2019 with the intention to earn rental income from potential new cus...