FAC1502 Study guides, Class notes & Summaries
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FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS Reviewed Exam 2023.
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FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS Reviewed Exam 2023. 
ACCOUNTING 
Planning; Recording; Analyzing; Interpreting financial information. 
 
 
 
PLANNING DECISIONS 
Financial information is used to determine future actions. Historical information provided by the accounting process serves as a basis for forecasting. 
 
 
 
CONTROL 
Using financial information to evaluate the results of financial activities. 
 
 
 
THE FUNCTION OF ACCOUNTING 
1. The value added to the ne...
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FAC1502 Assignment 4 Semester 2 2022 (14th NOVEMBER 2022)
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Study activities 
In this study guide a variety of exercises are given. You should do these exercises by yourself 
also and compare your attempt with the solutions given in the study guide. It also contains selfevaluation questions, to encourage your active participation in the learning process. These are 
a combination of reading, studying, doing and thinking activities that are presented in a flexible 
manner. This will enable you to absorb the knowledge content of the topic, to practice your ...
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DSC1630 EXPECTED QUESTIONS AND ANSWERS ASSESSMENT 1 OF SEMESTER 2 ,2022
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THIS DOCUMENT CONTAINS DSC1630 EXPECTED QUESTIONS AND ANSWERS CAREFULLY COMPILED TO MAKE SURE YOU CAN SCORE ABOVE 75%.
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EXPECTED ANSWERS FOR FAC2601 ASSIGNMENT 2 OF 2022 SEMESTER 1
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THIS DOCUMENT CONTAINS EXPECTED SOLUTIONS AND WORKINGS TO ASSIGNMENT FAC2601 ASSIGNMENT 2 OF 2022 SEMESTER 1.
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DSC1630 ASSESSEMENT 4 SEM 2 OF 2023 EXPECTED QUESTIONS AND ANSWERS
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DSC1630 ASSESSEMENT 4 SEM 2 OF 2023 EXPECTED QUESTIONS AND ANSWERS. correct use as a guide will help you score above 80%
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FAC1502 ASSIGNMENT 3 QUESTIONS AND ANSWERS
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FAC1502 ASSIGNMENT 3 QUESTIONS AND ANSWERS
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FAC1601 ASSESSMENT 2 SEM 2 OF 2022 EXPECTED QUESTIONS AND ANSWERS
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FAC1601 ASSESSMENT 2 SEM 2 OF 2022 EXPECTED QUESTIONS AND ANSWERS AS WELL AS WORKINGS. cORRECT USE WILL HELP YOU SCORE ABOVE 75%
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QMI1500 ASSESSMENT 4 OF SEM 2 ,2022
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THIS DOCUMENT CONTAINS QMI1500 ASSESSMENT 4 OF SEM 2 ,2022 WITH WORKINGS
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FAC1502 Assessment 2 2022_ Attempt review 3 A4
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FAC1502 Assessment 2 2022_ Attempt review 3 A4
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FAC1502 - Financial Accounting Principles, Concepts And Procedures EXAM PACK.
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FAC1502 - Financial Accounting Principles, Concepts And Procedures EXAM PACK. QUESTION 1 SOLUTION 
DR P HEAL 
CASH RECEIPTS JOURNAL (CRJ) 
Doc 
Number 
Date 
MARETT 
Details BANK Debtors 
Control 
Fees 
earned 
VAT 
Output 
VAT 
Input 
SUNDRIES 
Amount Details 
450 1 K. Kelly 275 275 
451 1 J. Jail 1710 1500 210 
452 9 Y. Old 383 440 (7) (50) Settlement 
453&491 12 Deposit 9120 8000 1120 
Discount 
allowed 
11488 715 9500 1330 (7) (50) 
HINTS 
a) Whenever you sell a good or offer a service, you ...
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