4/10/26, 1:37 AM FAC1501-26-S1: Assessment 3
Opened: Thursday, 9 April 2026, 8:00 AM
Closes: Monday, 13 April 2026, 11:00 PM
527985
You must have completed the required activities for Learning Units 1 to 9 in order to prepare
for this assessment.
Kindly note that you will only be able to view your mark obtained for Mandatory Assessment
3 and the overall feedback for Mandatory Assessment 3 after you have submitted your attempt.
Attempts allowed: 2
To continue with this quiz attempt you must open your webcam, and it will take some of your
pictures randomly during the quiz.
Time limit: 1 hour
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
Attempt State 50.00 100.00 Review Feedback
Congratulations, you passed
1 Finished 37.50 75.00 Available this assessment with a
Submitted Friday, 10 13/04/26, 23:00 distinction. Keep up the good
April 2026, 12:13 AM
work.
2 Finished 49.71 98.43 Congratulations, you passed
Submitted Friday, 10 this assessment with a
April 2026, 1:37 AM distinction. Keep up the good
work.
Your final grade for this quiz is 98.43/100.00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
No more attempts are allowed
https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=1317188 1/2
,4/10/26, 1:36 AM Assessment 3 (page 1 of 6)
Question 1
Answer saved
Not graded
NB: If the below question is not answered, you will receive zero for your assignment!
I declare that the work submitted in this assignment is my own. I did not request assistance to complete the assignment
questions from any third parties.
I declare that I did not pay a third party to complete and submit my assignment on my behalf.
I declare that I did not provide assistance to other students completing the assignment.
a. No
b. Yes
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=32214895&cmid=1317188# 2/2
, 4/10/26, 1:36 AM Assessment 3 (page 2 of 6)
Question 2
Answer saved
Marked out of 3.00
The inexperienced bookkeeper of Africa Traders needs your assistance compiling the trial balance of Africa Traders. Please
indicate whether the amounts of the below accounts should be entered in the debit or credit column:
1. Capital
2. Bank (overdraft)
3. Cost of sales
Credit column
Credit column
Debit column
Debit column Credit column
Capital is an equity account, which normally has a credit balance. increases on credit side. Bank
(overdraft) is a liability (the business owes the bank), so it has a credit balance liabilities are credited.
Cost of sales is an expense account, which has a debit balance , expenses are debited.
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=32214895&cmid=1317188&page=1 2/3
Opened: Thursday, 9 April 2026, 8:00 AM
Closes: Monday, 13 April 2026, 11:00 PM
527985
You must have completed the required activities for Learning Units 1 to 9 in order to prepare
for this assessment.
Kindly note that you will only be able to view your mark obtained for Mandatory Assessment
3 and the overall feedback for Mandatory Assessment 3 after you have submitted your attempt.
Attempts allowed: 2
To continue with this quiz attempt you must open your webcam, and it will take some of your
pictures randomly during the quiz.
Time limit: 1 hour
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
Attempt State 50.00 100.00 Review Feedback
Congratulations, you passed
1 Finished 37.50 75.00 Available this assessment with a
Submitted Friday, 10 13/04/26, 23:00 distinction. Keep up the good
April 2026, 12:13 AM
work.
2 Finished 49.71 98.43 Congratulations, you passed
Submitted Friday, 10 this assessment with a
April 2026, 1:37 AM distinction. Keep up the good
work.
Your final grade for this quiz is 98.43/100.00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
No more attempts are allowed
https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=1317188 1/2
,4/10/26, 1:36 AM Assessment 3 (page 1 of 6)
Question 1
Answer saved
Not graded
NB: If the below question is not answered, you will receive zero for your assignment!
I declare that the work submitted in this assignment is my own. I did not request assistance to complete the assignment
questions from any third parties.
I declare that I did not pay a third party to complete and submit my assignment on my behalf.
I declare that I did not provide assistance to other students completing the assignment.
a. No
b. Yes
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=32214895&cmid=1317188# 2/2
, 4/10/26, 1:36 AM Assessment 3 (page 2 of 6)
Question 2
Answer saved
Marked out of 3.00
The inexperienced bookkeeper of Africa Traders needs your assistance compiling the trial balance of Africa Traders. Please
indicate whether the amounts of the below accounts should be entered in the debit or credit column:
1. Capital
2. Bank (overdraft)
3. Cost of sales
Credit column
Credit column
Debit column
Debit column Credit column
Capital is an equity account, which normally has a credit balance. increases on credit side. Bank
(overdraft) is a liability (the business owes the bank), so it has a credit balance liabilities are credited.
Cost of sales is an expense account, which has a debit balance , expenses are debited.
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=32214895&cmid=1317188&page=1 2/3
