Fac1601 notes Study guides, Study notes & Summaries

FAC1601 SUMMARY STUDY NOTES. FAC1601 - Financial Accounting And Reporting The Conceptual Framework for Financial Reporting was issued by the International Accounting Standards Board (IASB). This document contains a group of interrelated objectives and theoretical principles that serve as a frame of reference for financial accounting and more specifically financial reporting. It is not an IFRS. Purpose: Development of future standards, reducing number of alternative accounting treatments,...

FAC1601-Financial Accounting And Reporting Assignment 4 Semester 1 2022. Question 1 Not yet answered Marked out of 6.00 The information below relates to questions 1 – 20: The following information relates to Phokwane Limited: Extract of items from the statement of financial position information as at 28 February 2022: 2022 2021 R R Land and buildings at cost 668 300 397 500 Furniture and equipment at cost 158 300 198 800 Accumulated depreciation: Furniture and equipme...

FAC1601 Assignment 5 Semester 1 2022 Unique number: 07/06/2022, 09:56 Assessment 5 (page 1 of 7)  Dashboard / Courses / UNISA / 2022 / Semester 1 / FAC1601-22-S1 / Welcome Message / Assessment 5  Dashboard Calendar S - The study-notes marketplace 07/06/2022, 09:56 Assessment 5 (page 1 of 7) Question 1 Not yet answered Marked out of 2.00 Given information for the 32 questions below. Moletji Ltd is public company owned by two prominent business women and the local community ...

Extract of items from the statement of financial position information as at 28 February 2022: 2022 2021 R R Land and buildings at cost 668 300 397 500 Furniture and equipment at cost 158 300 198 800 Accumulated depreciation: Furniture and equipment 33 900 12 000 Loans to director 187 200 198 800 Trade debtors control 44 300 41 400 Interest receivable - 6 000 Trade creditors control 26 800 16 400 Mortgage 62 400 167 000 Share capital 587 800 519 000 Retained earnings 800 200 469 200 Revaluation r...

FAC1601 - Financial Accounting And Reporting Study Notes

FAC1601-Financial Accounting And Reporting Assignment 5 Semester 1 2022. Moletji Ltd is public company owned by two prominent business women and the local community trust around the Capricorn District Municipality. The company was founded in the year 2018 and the following information pertains to the company: Extract of accounts pertaining to the statement of financial position as at 31 December: Extra from the statement of financial position 2020 2019 R R Land and buildings at cost ...

FAC1601-Financial Accounting And Reporting Assignment 5 Semester 1 2022. Moletji Ltd is public company owned by two prominent business women and the local community trust around the Capricorn District Municipality. The company was founded in the year 2018 and the following information pertains to the company: Extract of accounts pertaining to the statement of financial position as at 31 December: Extra from the statement of financial position 2020 2019 R R Land and buildings at cost ...

FAC1601 FINANCIAL ACCOUNTING AND REPORTING LECTURES NOTES

FAC1601 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 - DUE 11 September 2023.Detailed working, solutions, memo, notes & explanations............. Greg and Sheniz are in a partnership trading as Sugar Rush, a new, up-and-coming pastry shop. They share profits and losses in the ratio of 5:3 respectively. The following information was obtained for the financial year ending 31 August 2023: The partnership agreement stipulates the following: 1. Interest on capital must be calculated at 7% per annu...

Extract of items from the statement of financial position information as at 28 February 2022: 2022 2021 R R Land and buildings at cost 668 300 397 500 Furniture and equipment at cost 158 300 198 800 Accumulated depreciation: Furniture and equipment 33 900 12 000 Loans to director 187 200 198 800 Trade debtors control 44 300 41 400 Interest receivable - 6 000 Trade creditors control 26 800 16 400 Mortgage 62 400 167 000 Share capital 587 800 519 000 Retained earnings 800 200 469 200 Revaluation r...