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Exam (elaborations)

FAC1502 Financial Accounting (UNISA) - Assignment 1 Solved Solutions November 10 2025 (DUE tu exam for Financial students )

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"Complete, step-by-step worked solutions for FAC1502 Financial Accounting Assignment 1 (2025 Edition). Includes detailed analysis of the Accounting Equation (Assets = Liabilities + Equity), transaction analysis, and preparation of the basic Trial Balance. Achieved A+ Grade."

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Uploaded on
November 10, 2025
Number of pages
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Written in
2025/2026
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  • fac1502
  • financial accounting
  • assignment 1
  • solved
  • model answer
  • accounting equation
  • liabilities
  • trial balance
  • worked solutions 2025
  • unisa

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FAC1502 — Financial Accounting
(UNISA)


Assignment 1 Semester 1:


Topic: The Accounting Equation & Basic Transactions


Total Marks: 100



Instructions for Students:
Answer all questions. Show all workings—clearly label tables
and ledger entries. Use the accounting equation (Assets =
Liabilities + Owner’s Equity) to analyze each transaction.
Write legibly and present answers in the format requested.



Time allowed: 3 hours

, Assignment Information


Student Name: __________________________
Teacher / Lecturer Name: __________________________

Course / Subject Name: FAC1502 — Financial
Accounting (UNISA)
Assignment Number / Title: Assignment 1 — The Accounting

Equation & Basic Transactions

Assignment Date / Start Date: __________________________

Time Allowed: __________________________

Submission Date: __________________________
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