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fac1501 assgnment 3 semester 2 2024 Due date 30 september Time 09:00 PM (recent questions and answers) distion guaranteed or call for clarity

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fac1501 assgnment 3 semester 2 2024 Due date 30 september Time 09:00 PM (recent questions and answers) distion guaranteed or call for clarity

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Uploaded on
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FAC 1501
ASSIGNMENT 3 SEMESTER 2 2024
DUE DATE 30 SEPTEMBER 2024
TIME: 09:00 PM

CELL:0798417334



Use this document as a guide to learn, compare and reference

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EXPECTVIEW TUTORS EXPECTVIEW TUTORS




EXPECTVIEW TUTORS EXPECTVIEW TUTORS EXPECTVIEW TUTORS




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, Opened: Thursday, 26 September 2024, 8:00 AM
Closes: Monday, 30 September 2024, 9:00 PM


547631

You must have completed the activities of Learning units 1 to 7 before Mandatory Assessment 3 will be available to you.

Kindly note that you will only be able to view your mark obtained for Mandatory Assessment 3 and the overall feedback for Mandatory Assessment 3 after
you have submitted your attempt.

You will be able to view the questions you have received for the attempt, with their answers and general feedback, after the due date of Mandatory
Assessment 3.

Please note that if you do not submit Mandatory Assessment 3 (e.g. you are sick or you did not complete all the required activities to open the assessment)
or if you submit an assessment without answering any of the questions, you will not be given a second attempt to submit Mandatory Assessment 3, you will
then have to submit Elective Assessment 7 as a replacement for Mandatory Assessment 3.

NB: Please complete this assessment using a computer. If not possible use the web browser of your phone. Some tables will not be visible through the
myModules app.



Attempts allowed: 1

Time limit: 1 hour 30 mins

Grade to pass: 50.00 out of 100.00


Summary of your previous attempts
Marks / Grade /
State 55.00 100.00 Review Feedback

Finished 52.90 96.18 Available 30/09/24, You passed this assessment with a distinct
Submitted Friday, 27 September 2024, 9:24 21:00 work.
PM



Your final grade for this quiz is 96.18/100.00.
Overall feedback
You passed this assessment with a distinction. Keep up the good work.

, Tsarfati Traders, a registered VAT vendor, buys and sells furniture. The VAT rate is 15%. All goods are sold at a constant mark-up of 15% and the entity
uses the perpetual inventory system.

CAPE CAMPERS

102 Samson Drive P O Box 8345
Cape Town VAT registration number CAPE TOWN 6665
Tel (021) 466–1615 6230773556 Fax 021) 466–1616




Date: 15 October 2022 TAX INVOICE No: 2333

To: Tsarfati Traders Payment
600 Sea Road method Cheque/debit
Cape Town card
VAT registration number 6220226118 Cash
Credit card
Account

Code Description Qty Total price

GC05 Gas 75 48 675,00
Cylinders
(5kg)

48 675,00
7 301,25
VAT @ 15%
Invoice total 55 976,25
Amount tendered 0,00
Amount due 55 976,25
VAT included @ 15% 7 301,25
E & OE




Required:
Record the source document provided in the applicable subsidiary journal of Tsarfati Traders.


Instructions for numeric responses:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0")


Tsarfati Traders
Purchases journal – October 2022

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