FAC2602 Selected Accounting Standards and Simple Group Structures
University of South Africa
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FAC2602 EXAM PACK 2023.
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FAC2602 EXAM 
PACK 2023. 100% TOctober/November Examination 2022 
FAC2602 
Selected Accounting Standards and Simple Group Structures 
100 marks 
2 hours 
This paper consists of twelve (12) pages. 
Important to note: 
1. This paper consists of FOUR (4) questions. 
2. All questions must be answered, and basic calculations, where applicable, must be shown. 
3. Each question attempted must commence on a new (separate) page. 
4. Remember to complete and adhere to the Honesty Declaration. 
5. Student...
FAC2602 EXAM PACK 2023
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FAC2602 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS
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FAC2602 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS. QUESTION 1 (16 marks) (19 minutes) 
Valee Ltd is a manufacturer of luxury gift bags. Rancho Ltd is a retailer in the same industry. Valee Ltd 
decided to acquire shares in Rancho Ltd on 1 October 2019 as part of its growth and expansion strategy. 
The following items were extracted from the trial balances of Valee Ltd and Rancho Ltd on 
30 September 2022: 
Credits 
Share capital 
- Ordinary shares (600 000 and 300 000 shares respectively) 
 V...
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FAC2602 Assignment 2 (QUIZ) Semester 1 2023
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FAC2602 Assignment 2 (QUIZ) Semester 1 2023 
FAC2602 Assignment 2 (QUIZ) Semester 1 2023 
FAC2602 Assignment 2 (QUIZ) Semester 1 2023
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FAC2602 Assignment 1 Semester 1 2023
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FAC2602 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions. WhatsApp 1 for assistance...... .......................................
exam questions with well detailed answers
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