100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

FAC1501 Assignment 4 Semester 2 2023 Study Questions and Answers Graded A Updated 2024

Rating
-
Sold
-
Pages
348
Grade
A
Uploaded on
29-08-2024
Written in
2024/2025

UNISA 2023 FAC1502-23-S2 Welcome Message Assessment 4 QUIZ Assessment 4 Opened: Monday, 9 October 2023, 8:00 AM Closes: Monday, 16 October 2023, 11:00 PM Summary of your previous attempts Marks / State Finished Submitted Sunday, 9 October 2023, 10:42 PM 95.67 92.00 Congratulations, you pass the assessment with a distiction. Your final grade for this quiz is 95.67/100.00. Overall feedback Congratulations, you pass the assessment with a distiction. No more attempts are allowed VERSION 1 The financial year-end for Nice Dealers is 28 February. The rental expenses of Nice Dealers are R9 600 per month. The financial records of Nice Dealers showed that rent was paid for ten months during the financial year ended 28 February 20.2. Use the information to do the journal entry that correctly accounts for the closing adjustment of the rentals at year-end: Instructions: 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. For embedded questions spelling is very important. If you spell the answer incorrect it will be marked incorrect. Please make sure that your spelling of the words is correct. 4. Don’t use any special characters (&) and don’t use bold in your answer. It will be marked incorrect. 5. Do not use any abbreviations. 6. Your answer is case sensitive; therefore, you need to put the very first letter of the answer in uppercase, but the rest of your answer must be in lowercase (eg: Interest on loan) NICE DEALERS Question 2 Answer saved Marked out of 1.00 3 Question text Flag question Indicate whether the following statement is true or false: The historical cost of asset and liabilities are increased if they become impaired or onerous. Select one: True False Question 3 Answer saved Marked out of 1.00 Question text Flag question Indicate whether the following statement is true or false: Assets decrease on the debit side of a T-account. Select one: True False Question 4 Answer saved

Show more Read less











Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
August 29, 2024
Number of pages
348
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

FAC1501 Assignment 4 Semester 2 2023 Study
Questions and Answers Graded A Updated 2024
.




Zuma001 8/29/24 FAC

,FAC1501 Assignment 4




FAC1501 Assignment 4 Semester 2 2023 Study Questions
and Answers Graded A Updated 2024




FAC1501 Assignment 4

,FAC1501 Assignment 4




UNISA 2023 FAC1502-23-S2 Welcome Message Assessment 4




QUIZ

Assessment 4


Opened: Monday, 9 October 2023, 8:00 AM
Closes: Monday, 16 October 2023, 11:00 PM




Summary of your previous attempts

Marks /
State


Finished 95.67 92.00 Congratulations, you pass the
Submitted Sunday, assessment with a distiction.
9 October 2023,
10:42 PM




Your final grade for this quiz is
95.67/100.00.
Overall feedback
Congratulations, you pass the assessment with a distiction.



No more attempts are allowed



Back to the course




FAC1501 Assignment 4

, FAC1501 Assignment 4


VERSION 1



The financial year-end for Nice Dealers is 28 February. The rental expenses of Nice Dealers are R9 600 per
month. The financial records of Nice Dealers showed that rent was paid for ten months during the financial
year ended 28 February 20.2.




Use the information to do the journal entry that correctly accounts for the closing adjustment of the
rentals at year-end:



Instructions:

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. For embedded questions spelling is very important. If you spell the answer incorrect it will be marked
incorrect. Please make sure that your spelling of the words is correct.

4. Don’t use any special characters (&) and don’t use bold in your answer. It will be marked incorrect.

5. Do not use any abbreviations.

6. Your answer is case sensitive; therefore, you need to put the very first letter of the answer in uppercase,
but the rest of your answer must be in lowercase (eg: Interest on loan)



NICE DEALERS




Question 2
Answer saved
Marked out of 1.00





FAC1501 Assignment 4
R110,31
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
ZUMA001

Get to know the seller

Seller avatar
ZUMA001 University of South Africa (Unisa)
View profile
Follow You need to be logged in order to follow users or courses
Sold
3
Member since
2 year
Number of followers
3
Documents
22
Last sold
1 year ago

0,0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions