PASSMATE TUTORIALS
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS
FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED
WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING, THUS NO STUDENT IS ENCOURAGED TO COPY THIS
DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE BELIEVE THE
FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR
TEAM OF PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD,
AND IT WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT
BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY
FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE
MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP
etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 OR
email
,PASSMATE TUTORIALS
IMPORTANT NOTES TO CONSIDER
THIS IS ONLY A GUIDELINE OF EXPECTED AND POSSIBLE QUESTIONS AND
ANSWERS, NO ONE SHOULD SUBMIT IT FOR FINAL ASSESSMENT.
STUDENTS SHOULD COMPLETE THEIR OWN ASSIGNMENT, BUT KEEP IN MIND
THE RULES/INSTRUCTIONS
AS A TIP, IF YOU FIND THIS GUIDE USEFUL, YOU CAN CALL/WHATASPP US IF
YOU WANT A UNIQUE AND CUSTOMISED SOLUTION, SOMETHING THAT WE
GIVE YOU ALONE AND NOT SHARED WITH OTHER PEOPLE NOR SOLD ON
STUVIA AND OTHER ONLINE SITES CONTACT PASSMATE TUTORIALS @061 262
1185/068 053 8213/0717 513 144 OR email
********************************************************************************************
AT PASSMATE TUTORIALS, WE WISH YOU THE BEST IN ALL YOUR STUDIES.
WE ARE YOUR MATES TO PASSING EXCELLENTLY IN ALL YOUR STUDIES.
DO NOT FORGET TO REACH OUT TO US FOR ANY FURTHER AND OTHER
ASSISTANCE!
GOOD LUCKY
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
,5/21/24, 5:00 AM Assessment 6 (page 1 of 7)
UNISA 2024 FAC1501-24-S1 Welcome to FAC1501 Assessment 6
QUIZ
Time left 0:20:31
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19440279&cmid=842830 1/3
, 5/21/24, 5:00 AM Assessment 6 (page 1 of 7)
Question 1
Answer saved
Marked out of 10.00
John Miles started a business named Miles of Furniture during 2023. The business is a registered VAT vendor and applies the principles
of the perpetual inventory system. The VAT rate is 15%.
The following transactions must be recorded in the subsidiary journals of Miles of Furniture:
Transaction 1:
On 2 February 2024, Mrs Diale withdrew R650 from Miles of Furniture’s bank account as the impress amount to start the petty cash float
of Miles of Furniture. The money was kept by Mrs Diale who acted as petty cashier.
Transaction 2:
PETTY CASH VOUCHER No. 1
Date: 12 February 2024 Amount
Required for: R c
Gumede Florist (not a registered VAT vendor) - Flowers 190 00
for owners' birthday
Signature: Mrs Diale
Authorised by: Mr Miles
Transaction 3:
ABC Electrical
420 Workers Drive P O Box 2188
PRETORIA VAT registration number PRETORIA 0001
Tel (012) 329–1615 5590223986 Fax (012) 329–1616
Date: 23 February 2024 TAX INVOICE No: 032
To: Miles of Furniture Payment method
499 Tshwane Drive Cheque/debit card
Pretoria Cash
VAT registration number 4960225750 Credit card
Account
Code Description Qty Total price
EW01 Repairs: electrical 3 360,00
wiring (R120 per
hour)
360,00
54,00
VAT @ 15%
Invoice total 414,00
Amount tendered 420,00
Change 6,00
VAT included @ 15% 54,00
E & OE
PETTY CASH VOUCHER No. 2
Date: 23 February 2024 Amount
Required for: R c
ABC Electrical - Repairs to electrical wiring 414 00
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19440279&cmid=842830 2/3
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY. THIS
FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED
WITH THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING, THUS NO STUDENT IS ENCOURAGED TO COPY THIS
DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE BELIEVE THE
FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR
TEAM OF PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD,
AND IT WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT
BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY
FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE
MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION,
RESEARCH AND RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP
etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 OR
,PASSMATE TUTORIALS
IMPORTANT NOTES TO CONSIDER
THIS IS ONLY A GUIDELINE OF EXPECTED AND POSSIBLE QUESTIONS AND
ANSWERS, NO ONE SHOULD SUBMIT IT FOR FINAL ASSESSMENT.
STUDENTS SHOULD COMPLETE THEIR OWN ASSIGNMENT, BUT KEEP IN MIND
THE RULES/INSTRUCTIONS
AS A TIP, IF YOU FIND THIS GUIDE USEFUL, YOU CAN CALL/WHATASPP US IF
YOU WANT A UNIQUE AND CUSTOMISED SOLUTION, SOMETHING THAT WE
GIVE YOU ALONE AND NOT SHARED WITH OTHER PEOPLE NOR SOLD ON
STUVIA AND OTHER ONLINE SITES CONTACT PASSMATE TUTORIALS @061 262
1185/068 053 8213/0717 513 144 OR email
********************************************************************************************
AT PASSMATE TUTORIALS, WE WISH YOU THE BEST IN ALL YOUR STUDIES.
WE ARE YOUR MATES TO PASSING EXCELLENTLY IN ALL YOUR STUDIES.
DO NOT FORGET TO REACH OUT TO US FOR ANY FURTHER AND OTHER
ASSISTANCE!
GOOD LUCKY
PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144
,5/21/24, 5:00 AM Assessment 6 (page 1 of 7)
UNISA 2024 FAC1501-24-S1 Welcome to FAC1501 Assessment 6
QUIZ
Time left 0:20:31
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19440279&cmid=842830 1/3
, 5/21/24, 5:00 AM Assessment 6 (page 1 of 7)
Question 1
Answer saved
Marked out of 10.00
John Miles started a business named Miles of Furniture during 2023. The business is a registered VAT vendor and applies the principles
of the perpetual inventory system. The VAT rate is 15%.
The following transactions must be recorded in the subsidiary journals of Miles of Furniture:
Transaction 1:
On 2 February 2024, Mrs Diale withdrew R650 from Miles of Furniture’s bank account as the impress amount to start the petty cash float
of Miles of Furniture. The money was kept by Mrs Diale who acted as petty cashier.
Transaction 2:
PETTY CASH VOUCHER No. 1
Date: 12 February 2024 Amount
Required for: R c
Gumede Florist (not a registered VAT vendor) - Flowers 190 00
for owners' birthday
Signature: Mrs Diale
Authorised by: Mr Miles
Transaction 3:
ABC Electrical
420 Workers Drive P O Box 2188
PRETORIA VAT registration number PRETORIA 0001
Tel (012) 329–1615 5590223986 Fax (012) 329–1616
Date: 23 February 2024 TAX INVOICE No: 032
To: Miles of Furniture Payment method
499 Tshwane Drive Cheque/debit card
Pretoria Cash
VAT registration number 4960225750 Credit card
Account
Code Description Qty Total price
EW01 Repairs: electrical 3 360,00
wiring (R120 per
hour)
360,00
54,00
VAT @ 15%
Invoice total 414,00
Amount tendered 420,00
Change 6,00
VAT included @ 15% 54,00
E & OE
PETTY CASH VOUCHER No. 2
Date: 23 February 2024 Amount
Required for: R c
ABC Electrical - Repairs to electrical wiring 414 00
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19440279&cmid=842830 2/3
