Fac1502 may Study guides, Class notes & Summaries
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FAC1502 Study Summary Notes (Latest 2022)
- Summary • 51 pages • 2022
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FAC1502 Study Summary Notes. 
This is a complete guide to FAC1502 - Financial Accounting Principles, Concepts And Procedures. 
ASSETS – LIABILITIES = NET ASSET VALUE 
EQUITY = NET ASSET VALUE 
Assets: 
Defined as a resource controlled by the entity as a result of past events and from which future 
economic benefits are expected to flow to the entity. 
Item can be classified as an asset only if it has been acquired by the entity as a result of past events. 
Assets are therefore the possessions ...
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FAC1502_Exam Pack Complete.
- Exam (elaborations) • 313 pages • 2021
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Contents 
Accounting Equation Table....................................................................................................................8 
FAC1502_May 2016...............................................................................................................................8 
Question 1: Statement of profit or loss and other comprehensive income (25)..................................................................8 
Question 1: Answer.........................................
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FINANCIAL ACCOUNTING CONCEPTS, PRINCIPLES AND PROCEDURES
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1. INTRODUCTION 
Dear Student, 
This tutorial letter contains the following: 
 the solution to assignment 01 for the first semester of 2020. 
It is in your own interest to work through the assignments in conjunction with the solutions and your 
written answers. 
Refer to Tutorial letter 106/1/2020 for additional information regarding the May 2020 examination. The 
examination paper will consist of multiple choice questions which should be answered within 
one hour 25 minutes. You will rece...
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FAC1601 : FINANCIAL ACCOUNTING REPORTING 1 (MODULE 2)
- Exam (elaborations) • 68 pages • 2022
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ANNEXURE A: MAY AND OCTOBER 2012 EXAMINATION 
Format and marking methodology 
The May and October 2012 examination papers will consist of four or five questions. All of these questions 
must be answered. No multiple choice or theoretical questions will be asked, but you must be able to apply 
the acquired theoretical knowledge in practical questions. Also take note that although Assignments 01 
and 02 consist of multiple choice questions, the solutions provided show how to answer them if asked a...
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FAC1502 May/June 2020 Exam Questions and answers
- Answers • 13 pages • 2020
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FAC1502 May/June 2020 Exam Questions and answers
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Financial accounting concepts, principles and procedures
- Exam (elaborations) • 65 pages • 2022
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INTRODUCTION 
Dear Student 
It is a pleasure to welcome you as a student to FAC1502. We hope that you will find your studies 
particularly stimulating and rewarding this semester and that you will achieve success. We will do our 
best to make your study of this module successful. You will be well on your way to success if you start 
studying early in the semester and resolve to do the assignments properly. 
The semester that you register for will be indicated on your registration documentatio...
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FAC1502- 2019 MAY/JUNE SOLUTIONS
- Exam (elaborations) • 5 pages • 2020
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FAC1502- 2019 MAY/JUNE SOLUTIONS PAST PAPERS SOLUTION
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FAC1502 EXAM PACK
- Exam (elaborations) • 174 pages • 2021
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Table of Contents 
MAY/JUNE 2009 QUESTIONS AND SOLUTIONS…………………………………………….p3 
OCT/NOV2009 QUESTIONS AND SOLUTIONS………………………………………………p18 
MAY/JUN 2010 QUESTIONS AND SOLUTIONS……………………………………………..p37 
OCT/NOV2010 QUESTIONS AND SOLUTIONS……………………………………………….p61 
MAY/JUNE 2011 QUESTIONS AND SOLUTIONS…………………………………………….p79 
OCT/NOV 201...
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Fac1502 may June questions only 2020
- Exam (elaborations) • 13 pages • 2020
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Fac1502 may June questions only 2020
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FAC1502-MAY/JUNE2019ANSWERS TO PAST PAPER
- Exam (elaborations) • 10 pages • 2020
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FAC1502-MAY/JUNE2019ANSWERS TO PAST PAPER
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