# Accounting Paper 1, November 2024, question 2.2(a)

> Calculate the taxation paid and the dividends paid that Mvubu Ltd must show... Marked mark by mark. Q2.2(a), Accounting Paper 1 November 2024, 8 marks.

Canonical: https://sharpkop.co.za/accounting/2024-nov-p1/q2-2-a/
Last updated: 2026-11-12

Subject: Accounting. Source: Based on Nov 2024 · Paper 1 · Q2.2(a). Marks: 8. Not yet checked by a teacher.

## Question 2.2(a) (8 marks)

Mvubu Ltd, financial year ended 28 February 2025.
Income tax expense for the year: R412 000
SARS: Income tax on 28 February 2024: R28 400 (credit balance)
SARS: Income tax on 28 February 2025: R15 900 (debit balance)
Shares in issue on 1 March 2024: 1 000 000
Final dividend for the previous year, paid in this year: 15 cents per share
Interim dividend paid on 1 September 2024: R240 000

Calculate the taxation paid and the dividends paid that Mvubu Ltd must show in the operating activities section of its Cash Flow Statement. Show both as cash outflows.

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[Answer this question](https://sharpkop.co.za/accounting/2024-nov-p1/q2-2-a/) and see it marked mark by mark, with the reason for every lost mark.

## Related

- [More financial statements questions](https://sharpkop.co.za/accounting/financial-statements/)
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