Financial Accounting Principles and Procedures

University of South Africa

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FAC1502 Debits, Credits and Trial Balance: Original Practice Workbook

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FAC1502 Debits, Credits and Trial Balance: Original Practice Workbook

University of South Africa
Financial Accounting Principles and Procedures

Learn to explain each accounting entry with this 19-page independent FAC1502 foundations supplement. Includes five worked examples and 28 original practice tasks: 12 standalone transaction drills, 12 linked transactions in one fictional service-business case, and four error-diagnosis tasks. Work through account classification, debit and credit direction, journal entries, ledger balances, an unadjusted trial balance, and the difference between cash and profit. Full solutions explain the reason...

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19 pages
Written in 2026/2027
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