South African car company Mureza Assignment Answers

QUESTION ONE [40] South African car company Mureza updated its website and social pages earlier in October of 2023 with an announcement that it will launch a new sedan in 2024 that will be available as both an electric (EV) or a petrol vehicle. According to the brand’s current estimates, the petrol model will sell for R196,000, while the EV will only be slightly more expensive […]

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Accounting 1 Exam Assignment Answers

QUESTION ONE [25] Moses, a qualified motor mechanic with 22 years of experience, began his own business, Command Vehicle Repairs. On 1 March 2023, Moses withdrew money from his Retirement Fund and deposited R80 000 into a business bank account on 9 March 2023. The following transactions for the month of June 2023 need to be recorded as required below: Date Transaction details 2023 June […]

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Accounting Assignment Answers Regent School

QUESTION ONE [20] Show how the below transactions affect the financial position of the business as represented by A = E + L. You need to clearly indicate whether the element has increased or decreased and provide the relevant amount and account that would be affected. EG. The business pays R6 333 per month for the rental of some business premises. All rentals were paid […]

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Economics Assignment Answers South Africa

QUESTION ONE [25] List and discuss the two main factors of economic growth in terms of the production possibility frontier. (10) Evaluate four (4) factors that affect the demand curve according to demand and supply analysis. (8) Assume there is an increase in the number of sellers in a market for a good or service. Analyse the economic effect on the equilibrium price and quantity […]

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Bachelor of Commerce in Accounting (BCOMAC) Assignment Answers

QUESTION ONE [40] Discuss the consequences of a company having a separate legal personality. (12) Contravention of the Companies Act 71 of 2008 is regarded as a criminal offence. In light of the above discuss the protective measures when determining a name for a company. (18) Discuss the application of the ultra vires doctrine. Refer to case law in support of your answer. (10) QUESTION […]

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Commercial Law Regent Business School Assignment Answers

QUESTION ONE [21] Explain the purposes of law. (8) Discuss the origins of South African Law. (10) List the three (3) arms of Government. (3) QUESTION TWO [33] Distinguish between Substantive Law and Procedural Law. (6) Explain each of the following terms: Void Contract (3) 2.2.2. Voidable Contract (3) Discuss the case of Salomon v Salomon and Co Ltd [1897] AC 22 (HL) in relation […]

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 Peter and Pan are partners in Captain Hook Stationers Answers

QUESTION ONE                                                                                                                      [45]  Peter and Pan are partners in Captain Hook Stationers. The list of balances as at 31 December 2022, before additional information was considered, is as follows: Description Amount Office furniture and equipment 525 000 Accumulated depreciation on office furniture and equipment 65 000 Inventory 84 560 Bank 675 895 Debtors control 65 875 Allowance for credit losses 2 675 Long-term loan 432 […]

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Flexibility and financial security are not negotiable answers

Flexibility and financial security are not negotiable, Gen Z says The pandemic has pushed flexibility to the forefront, and continued demand for this model illustrates the well-being priorities for today’s workforce. Generation Z makes up a higher percentage of the workforce now, but the flexibility Gen Z is seeking is not a top priority for many business leaders, according to a new report. An Economist […]

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BACT_ACC1 Accounting Assignment Answers

QUESTION ONE [25] N Sibiya is the sole owner of Sibiya’s General Dealers. At 31 March 2021 the entity had the following assets and liabilities: (show all workings):   R Equipment…………………………………………………………. 36 000 Inventory…………………………………………………………… 108 000 Bank (favourable)…………………………………………………. 18 000 Trade receivables control………………………………………… 84 000 Accrued expenses………………………………………………… 12 000 Trade payables control…………………………………………… 72 000 Required: Calculate the Net Asset Value of Sibiya’s General Dealers at […]

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Bachelor of Commerce in Accounting Assignment Answers

QUESTION ONE [35] Discuss the Duties of the Audit Committee of a Company. (17) Examine the Role of the Company Secretary. (18) QUESTION TWO [20] Explain how Shareholders exercise their Voting Rights? QUESTION THREE [35] Discuss the Liability of Directors and Prescribed Officers with reference to Section 77 of the Companies Act. (17) Model your understanding of Relief from Oppressive or Prejudicial Conduct in terms […]

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