100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Previously searched by you
Previously searched by you
logo
  • University Of South Africa (Unisa)
  • Introductory Financial Accounting (FAC1501)
To add items to your wishlist, you must be logged in
Exam (elaborations)

FAC1501 Assignment 7 Due on 3 September 2023

Rating
-
Sold
2
Pages
3
Grade
A+
Uploaded on
03-09-2023
Written in
2023/2024

This document contains the solutions to FAC1501 Assignment 7 Due on 3 September 2023, using this document will ensure that you get 90% plus guaranteed.

Institution
University Of South Africa (Unisa)
Course
Introductory Financial Accounting (FAC1501)








Whoops! We can’t load your doc right now. Try again or contact support.
Report Copyright Violation

Written for

Institution
University of South Africa (Unisa)
Course
Introductory Financial Accounting (FAC1501)
All documents for this subject (142)

Document information

Uploaded on
September 3, 2023
Number of pages
3
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • fac1501 assignment 7 due on 3 september 2023

Content preview

9/3/23, 6:39 PM Assessment 7 (page 1 of 2)


QUIZ




Time left 1:11:41

Question 1 Africa Traders manufactures and sells generators. On 30 June 2021
Answer saved Africa Traders sold 20 generators for R180 000 (VAT inclusive) for
cash to SA Traders. Africa Traders is a registered VAT vendor and the
Marked out of
VAT rate is 15%.
2.00
What is the purchases amount that will be recorded in the applicable
journal of SA Traders (not a VAT vendor)?

Select one:
a. R180 000,00
b. R0,00
c. R156 521,74
d. R153 000,00

Clear my choice




Question 2 SA Electrical received a debit card payment of R2 300,00 from A
Answer saved Zulu in full settlement of his account. Receipt no. 1024 was
issued. The supporting document that SA Electrical will use to
Marked out of record the transaction in the correct subsidiary journal will be:
2.00

Select one:
a. duplicate invoice
b. duplicate receipt
c. original receipt
d. duplicate deposit slip

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=12964010&cmid=582745 1/3
$3.19
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Get to know the seller
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Oustandingtutors
3.5
(57)

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Oustandingtutors University of South Africa (Unisa)
View profile
Follow You need to be logged in order to follow users or courses
Sold
818
Member since
4 year
Number of followers
702
Documents
101
Last sold
2 months ago

3.5

57 reviews

5
17
4
15
3
15
2
1
1
9

Recently viewed by you

Thumbnail
Exam (elaborations)
FAC2601 assignment 4 due 8 November 2023
-
2023
€ 3,73 More info

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions