lOMoAR cPSD| 48433225
Downloaded by Vincent master ()
, lOMoAR cPSD| 48433225
Exam Paper, May/June 2025
FAC1602
Elementary Financial Accounting Reporting
Department of Financial Accounting
PLEASE NOTE:
1. This is a closed-book examination.
2. This examination MUST be handwritten.
3. All questions must be answered.
4. Basic calculations, where applicable, must be shown.
5. Each question must be commenced on a new (separate) page.
This paper comprises (7) pages.
PROPOSED TIMETABLE
Try not to deviate from this.
TIME IN
QUESTION SUBJECT MARKS MINUTES
Partnerships: Statement of profit
1 or loss and other comprehensive 30 36
income
2 Statement of cash flows: Close 25 30
corporations
3 Close corporations: Statement of 25 30
financial position
4 Statement of changes in equity 20 24
TOTAL 100 120
[TURN OVER]
Downloaded by Vincent master ()
Downloaded by Vincent master ()
, lOMoAR cPSD| 48433225
Exam Paper, May/June 2025
FAC1602
Elementary Financial Accounting Reporting
Department of Financial Accounting
PLEASE NOTE:
1. This is a closed-book examination.
2. This examination MUST be handwritten.
3. All questions must be answered.
4. Basic calculations, where applicable, must be shown.
5. Each question must be commenced on a new (separate) page.
This paper comprises (7) pages.
PROPOSED TIMETABLE
Try not to deviate from this.
TIME IN
QUESTION SUBJECT MARKS MINUTES
Partnerships: Statement of profit
1 or loss and other comprehensive 30 36
income
2 Statement of cash flows: Close 25 30
corporations
3 Close corporations: Statement of 25 30
financial position
4 Statement of changes in equity 20 24
TOTAL 100 120
[TURN OVER]
Downloaded by Vincent master ()
