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FAC1503 - TUTORIAL LETTER

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FAC1503 - TUTORIAL LETTER QUESTIONS AND ANSWERS

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FAC1503/106/1/2013




Tutorial letter 106/1/2013

Financial Accounting Principles for
Law Practitioners

FAC1503

Semester 1

Department of Financial Accounting

IMPORTANT INFORMATION:
This tutorial letter contains important information
about your module.

, FAC1503/106/1



CONTENTS

Page
INTRODUCTION ........................................................................................................................................ 3
ANNEXURE A May/June 2011 examination and solution ................................................................. 4
ANNEXURE B October/November 2011 examination and solution ............................................... 17
ANNEXURE C May/June 2012 examination and solution ............................................................... 32




2

, FAC1503/106/1
INTRODUCTION

Dear student,

Please use the following e-mail or SMS numbers for administrative related enquiries:


Description of enquiry SMS code E-mail address

Applications and registrations 43578

Assignments 43584

Exams 43584

Study material 43579

Student accounts 31954

myUnisa 43582
myLife

Graduations


For further assistance you can contact the College Information Coordinator:

Ms Portia Ngcobo
Telephone number: (012) 429-3925
E-mail address:

With kind regards,

LECTURERS: FINANCIAL ACCOUNTING PRINCIPLES FOR LAW PRACTITIONERS (FAC1503)

Module telephone number: (012) 429-4192
E-mail address:




3

, FAC1503/106/1
ANNEXURE A: MAY/JUNE 2011 EXAMINATION AND SOLUTION

PLEASE TAKE NOTE THAT THE EXAM PAPER WAS ADJUSTED TO THE SYLLABUS.
THERE MIGHT THEREFORE BE SOME DIFFERENCES FROM THE ORIGINAL EXAM PAPER



This paper consists of 7 (SEVEN) pages.

PLEASE NOTE:

1. Ensure that you are writing the correct examination paper.
2. Ensure that you are handed the correct examination answer book (BLUE) by the invigilator.
3. This paper consists of 5 (FIVE) questions.
4. All questions must be answered.
5. Basic calculations, where applicable, must be shown.
6. Each question attempted must be commenced on a new (separate) page.
7. Please write legibly in blue or black ink.

PROPOSED TIMETABLE
(try not to deviate from this)
Time in
Question Topic Marks
minutes
1 Accounting equation 20 24
2 Cash journals and ledger accounts 23 27
3 Cash journals, bank account and bank reconciliation statement 21 25
4 Short questions: Theory 18 22
5 Analysis of financial statements 18 22
Total 100 120




4

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