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Exam (elaborations)

Exam (elaborations) FAC1602 - Elementary Financial Accounting And Reporting (fac1602) ASSIGNMENT 1 SEMESTER 2 YEAR 2022

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Exam (elaborations) FAC1602 - Elementary Financial Accounting And Reporting (fac1602)

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University Of South Africa (Unisa)
Course
FAC1602 - Elementary Financial Accounting And Reporting (FAC1602)








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University of South Africa (Unisa)
Course
FAC1602 - Elementary Financial Accounting And Reporting (FAC1602)
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August 28, 2022
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2022/2023
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  • exam elaborations fac1602 elementary financial accounting and reporting fac1602 assignment 1 semester 2 year 2022

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Question 1

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A credit balance on a ledger account
indicates………



a. a liability or an expense
b. an asset or expense
c. a liability or income
d. an amount owing to the business




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