FAC1503 Study guides, Study notes & Summaries
Looking for the best study guides, study notes and summaries about FAC1503? On this page you'll find 374 study documents about FAC1503.
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FAC1503 ASSIGNMENT 4 FOR 2023 - Distinction Obtained
- Exam (elaborations) • 16 pages • 2022
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The document contains expected questions and answers for FAC1503 assignment 4 for 2023. There are different attempts.
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FAC1503 ASSIGNMENT 1 FOR 2ND SEMESTER 2023
- Other • 10 pages • 2023
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Kindly note that the questions may be different from one student to another
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Fac1503 Assignment 3 Semester 2 2022
- Exam (elaborations) • 39 pages • 2022
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Fac1503 Assignment 3 Semester 2 2022
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FAC1503 ASS 2 2023 DU TOIT
- Exam (elaborations) • 27 pages • 2023
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Question 1 of 35 
1.0 Points 
The advocate’s journal is used to record those transactions that cannot be recorded in any of the other journals. 
True 
False 
Question 2 of 35 
1.0 Points 
Trust money may include money paid in by a third party (the buyer) in respect of purchase transactions. 
True 
False
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FAC1503 EXAM PACK 2023
- Exam (elaborations) • 152 pages • 2023
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QUESTIONS WITH ANSWERS
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Fac1503 Assignment 2.
- Exam (elaborations) • 4 pages • 2022
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FAC1503 Assignment 2				 
				 
	Calculations/Explanations			 
				 
1. 4	A trust bank account should never be in overdraft. A debit on a trust creditor account would mean the account is overdrawn which is not permitted			 
	In terms of the Rules for the Attorneys’ Profession (the Rules) with regard to the transfer of trust funds from the trust bank account to the business bank account, a legal practice shall ensure that the balance on its trust bank account shall at any date be equal to or ex...
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FAC1503 ASSIGNMENT 06 FOR 2ND SEMESTER 2023
- Other • 22 pages • 2022
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FAC1503 ASSIGNMENT 06 EXPECTED SOLUTIONS SEM1 2023
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Fac1503 Assignment 4 semester 2 2022
- Exam (elaborations) • 75 pages • 2022
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Fac1503 Assignment 4 semester 2 2022
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FAC1503 ASSIGNMENT 8 SEMESTER 1 OF 2023 [611882]
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FAC1503 ASSIGNMENT 8 SEMESTER 1 OF 2023 []
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FAC1503 ASSIGNMENT 3 PACK.
- Exam (elaborations) • 229 pages • 2022
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FAC1503 ASSIGNMENT 3 PACK. 
Q 
Question 1 of 32 
1.0/ 1.0 Points 
Funds may be transferred from the trust bank account to the business bank 
account if the client has paid expenses on behalf of the attorney and the 
attorney owes the client for the payment. 
True 
Fals 
e 
Answer Key:False 
Feedback:Refer to learning unit 6.2 
Question 2 of 32 
1.0/ 1.0 Points 
The trust bank balance may never be a debit balance since an irregularity may 
occur. 
True 
Fals 
e 
Answer Key:False 
Feedback:Refer t...
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