Fac1501 2020 Study guides, Study notes & Summaries

FAC1501 DETAILED EXAM PREP Assignment Pack (2017-2020) lOMoARcPSD| 1 1. SOLUTION TO ACTIVITY 1 IN LEARNING UNIT 11 OF THE STUDY GUIDE (1) LUCKY TRADERS STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 APRIL 20.4 R Revenue (415 000 - 15 000 - 1 500) 398 500 Cost of sales (250 000 - 330) (249 670) Gross profit 148 830 Other income 5 560 Interest on fixed deposit 5 200 Credit losses recovered 360 154 390 Distribution, administrative and other expen...

Question 1 of 20 The following information relates to a bank reconciliation of Africa Traders for the month of February 2020: (1) The balance as per the bank account in the general ledger, before taking the items below into account, was R5 670 unfavourable. (2) Bank charges of R250 on the bank statement have not been entered in the cash payments journal. (3) The bank has credited the bank statement in error with R40 which belongs to another customer. (4) Cheque payments totalling R325 hav...

FAC1501 Assignment 2 Semester 2 2020 Questions with Suggested Solutions and page references/workings.

FAC1501 Assignment 02 Semester 01 2020 Assignment Questions with Answers including references to the study guide and workings.

FAC1501 2020 May/June EXAM PAPER & ANSWERS Introductory Financial Accounting

FAC1501 Assignment 01 Semester 02 2020 Assignment questions with solutions and detailed explanations.

FAC1501 Assignment 01 Semester 01 2020 Questions and answers Including page references etc. and explanations where required

UNISA FAC150 Assignment 2 semester 1 2020 solutions.Every Question is explained Thoroughly. The memorandum shows the necessary steps before the correct alternative is chosen