Grade 12 Accounting Test on Fixed Assets, Cash Flow Statement and Interpretation

Grade 12 Accounting Test on Fixed Assets, Cash Flow Statement and Interpretation with Answer Books, Worksheets, and Memos.

This is for Accounting Grade 12 subject. The Grade 12 Accounting Test on Fixed Assets, Cash Flow Statement and Interpretation study content will help you with your Accounting Subject Revisions, Tests, Exams, and Assignments.

Accounting Grade 12 focuses on measuring performance, and processing and communicating financial information about economic sectors. This discipline ensures that principles such as ethical behaviour, transparency and accountability are adhered to. As a Grade 12 Accounting student, you will be dealing with the logical, systematic and accurate selection and recording of financial information and transactions, as well as the compilation, analysis, interpretation and communication of financial statements and managerial reports for use by interested parties.

Questions

The given information relates to Tyali Ltd. The company has an authorised share capital of 900 000 ordinary shares. The financial year ended on 29 February 2020.

• Prepare the Cash Flow Statement for the year ended 29 February 2020. (Where applicable show calculations / figures in brackets to earn part marks).
• Calculate the Debt-Equity ratio for 2020.
• The directors decided to increase the loan during the current financial year. Explain TWO financial indicators to indicate why this was a good decision.  Quote figures.
• The board of directors is of the opinion that the shareholders should be happy with their percentage return and the market price of their shares. Quote and explain TWO financial indicators with figures to support their opinion.

Downloadable Grade 12 Accounting Test on Fixed Assets, Cash Flow Statement and Interpretation

Answer Books, Worksheets, and Memos