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
,5/23/24, 5:32 AM Assessment 4: Attempt review
FAC1501-24-S1 Welcome to FAC1501 Assessment 4
QUIZ
Started on Thursday, 25 April 2024, 8:04 AM
State Finished
Completed on Thursday, 25 April 2024, 9:14 AM
Time taken 1 hour 9 mins
Marks 47.00/50.00
Grade 94.00 out of 100.00
Feedback You passed this assessment with a distinction. Keep up the good work.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=18250930&cmid=842828 1/9
, 5/23/24, 5:32 AM Assessment 4: Attempt review
Question 1
Correct
Mark 30.00 out of 30.00
The bookkeeper of Agripa Superstore totalled the cash receipts and cash payments journals for September 2022 before she received the
bank statement for September 2022. The totals of the cash journals were as follows:
Cash receipts journal R91 455
Cash payments journal R72 481
On comparing the bank statement with the cash receipts and cash payments journals for September 2022 and the bank reconciliation
statement for the month of August 2022, the following were noted:
1. On 1 September 2022, the bank account in the general ledger showed an unfavourable balance of R3 867.
2. On 30 September 2022, the bank statement showed an unfavourable balance of R17 180.
3. The following appeared on the bank statement, but not in the cash journals:
annual service fee – R425
cash withdrawal fee – R90
cash deposit fees – R520
a deposit on 25 September 2022 of R8 722 from Fleetrisk Insurance, a client, paid directly into the bank account of
Agripa Superstore for goods previously sold on credit.
a debit order of R830 in favour of SA Adds for an advertisement placed in the local news paper.
4. The following appeared in the cash journals, but not on the bank statement:
debit card payment 70 made to the municipality on 30 September 2022, for water and electricity, while the system was offline – R2
340
deposit of R20 575, dated 30 September 2022.
5. Mrs South, a client, made an electronic transfer of R3 520 as payment on her account. The bookkeeper incorrectly entered the amount
as R2 230 in the cash receipts journal.
6. An electronic funds transfer for R6 200, made by another client of the bank, P Eddy, was erroneously entered on the bank statement of
Agripa Superstore.
7. Goods sold on credit for R15 999 on 28 September 2022, was erroneously recorded in the cash receipts journal of Agripa Superstore,
instead of the sales journal.
REQUIRED:
Complete the following in the accounting records of Agripa Superstore for the month ended on 30 September 2022:
The cash receipts and cash payments journals (bank columns only), properly totalled, as at 30 September 2022
The bank account in the general ledger, properly balanced, as at 30 September 2022
The bank reconciliation statement as at 30 September 2022
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. An entry in the credit column of the bank reconciliation statement must be indicated by using a negative sign in front of the
amount (eg: -1000.01)
4. An entry in the debit column of the bank reconciliation statement must be indicated by the amount without any sign (eg: 1000.01)
Agripa Superstore
Cash receipts journal – September 2022
R
30 Subtotal
91455
Fleetrisk Insurance 8722
Mrs South 1290
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=18250930&cmid=842828 2/9
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
,5/23/24, 5:32 AM Assessment 4: Attempt review
FAC1501-24-S1 Welcome to FAC1501 Assessment 4
QUIZ
Started on Thursday, 25 April 2024, 8:04 AM
State Finished
Completed on Thursday, 25 April 2024, 9:14 AM
Time taken 1 hour 9 mins
Marks 47.00/50.00
Grade 94.00 out of 100.00
Feedback You passed this assessment with a distinction. Keep up the good work.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=18250930&cmid=842828 1/9
, 5/23/24, 5:32 AM Assessment 4: Attempt review
Question 1
Correct
Mark 30.00 out of 30.00
The bookkeeper of Agripa Superstore totalled the cash receipts and cash payments journals for September 2022 before she received the
bank statement for September 2022. The totals of the cash journals were as follows:
Cash receipts journal R91 455
Cash payments journal R72 481
On comparing the bank statement with the cash receipts and cash payments journals for September 2022 and the bank reconciliation
statement for the month of August 2022, the following were noted:
1. On 1 September 2022, the bank account in the general ledger showed an unfavourable balance of R3 867.
2. On 30 September 2022, the bank statement showed an unfavourable balance of R17 180.
3. The following appeared on the bank statement, but not in the cash journals:
annual service fee – R425
cash withdrawal fee – R90
cash deposit fees – R520
a deposit on 25 September 2022 of R8 722 from Fleetrisk Insurance, a client, paid directly into the bank account of
Agripa Superstore for goods previously sold on credit.
a debit order of R830 in favour of SA Adds for an advertisement placed in the local news paper.
4. The following appeared in the cash journals, but not on the bank statement:
debit card payment 70 made to the municipality on 30 September 2022, for water and electricity, while the system was offline – R2
340
deposit of R20 575, dated 30 September 2022.
5. Mrs South, a client, made an electronic transfer of R3 520 as payment on her account. The bookkeeper incorrectly entered the amount
as R2 230 in the cash receipts journal.
6. An electronic funds transfer for R6 200, made by another client of the bank, P Eddy, was erroneously entered on the bank statement of
Agripa Superstore.
7. Goods sold on credit for R15 999 on 28 September 2022, was erroneously recorded in the cash receipts journal of Agripa Superstore,
instead of the sales journal.
REQUIRED:
Complete the following in the accounting records of Agripa Superstore for the month ended on 30 September 2022:
The cash receipts and cash payments journals (bank columns only), properly totalled, as at 30 September 2022
The bank account in the general ledger, properly balanced, as at 30 September 2022
The bank reconciliation statement as at 30 September 2022
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. An entry in the credit column of the bank reconciliation statement must be indicated by using a negative sign in front of the
amount (eg: -1000.01)
4. An entry in the debit column of the bank reconciliation statement must be indicated by the amount without any sign (eg: 1000.01)
Agripa Superstore
Cash receipts journal – September 2022
R
30 Subtotal
91455
Fleetrisk Insurance 8722
Mrs South 1290
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=18250930&cmid=842828 2/9
