During the 2025 year of assessment ending 28 February 2025, Ngwenya (Pty) Ltd moved to new premises. The total cost of this move was R25 000, made up as follows:

-moving of its shop equipment - R13 500

-moving of all its trading stock - R11 500

What is the effect of these expenses to trading stock?

Question

During the 2025 year of assessment ending 28 February 2025, Ngwenya (Pty) Ltd moved to new premises. The total cost of this move was R25 000, made up as follows:
 
 -moving of its shop equipment - R13 500
 
 -moving of all its trading stock - R11 500

What is the effect of these expenses to trading stock?

Answer

R11 500 is deducted from the cost price of trading stock

Answer

R25 000 is added to the cost price of trading stock

Answer

R11 500 is added to the cost price of trading stock

Answer

No amount is added to or deducted from the cost price of trading stock

Crowdly

During the 2025 year of assessment ending 28 February 2025, Ngwenya (Pty) Ltd mo...

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