# Accounting Paper 1, November 2024, question 2.1

> Draw up the note showing the movement in retained income of Kopano Traders Ltd... Marked mark by mark. Q2.1, Accounting Paper 1 November 2024, 8 marks.

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Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q2.1. Marks: 8. Not yet checked by a teacher.

## Question 2.1 (8 marks)

The following information was taken from the records of Kopano Traders Ltd on 31 March 2025:

Retained income on 1 April 2024: R412 500
Ordinary share dividends for the year (total): R540 000
Interim dividend paid during the year: R300 000
The final dividend was declared on 31 March 2025.
Cost of shares bought back from shareholders during the year: R82 000
The total ordinary share dividends of R540 000 equal 30% of the net profit after tax.

Draw up the note showing the movement in retained income of Kopano Traders Ltd for the year ended 31 March 2025. Show the details of the ordinary share dividends in your note.

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[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q2-1/) and see it marked mark by mark, with the reason for every lost mark.

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