Accounting 300 Study guides, Class notes & Summaries
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS)
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS) 
 
Question 1 
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Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1 500 each, around the townships of 
KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. 
Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 
October 2023. 
This transacti...
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FAC1503 ASSIGNMENT 8 FOR 2024 EXPECTED QUESTIONS AND ANSWERS
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Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024
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ISR3702 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 (392770) - DUE 15 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9......... Mlindwa’s spouse, Fezi, successfully challenged Mlindwa’s testamentary will. The court deemed the will void and set it aside. There was no sale of assets from Mlindwa’s deceased estate. The deceased estate had the following liabilities, which Nongxa had to pay when winding up this estate: 
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WGU C725 TEST BANK 2023 MASTER'S COURSE INFORMATION SECURITY AND ASSURANCE 2023 TEST BANK 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS|AGRADE
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WGU C725 TEST BANK 2023 MASTER'S COURSE INFORMATION SECURITY AND ASSURANCE 2023 TEST BANK 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS|AGRADE 
An employee has worked for the same organization for years and still has access to legal files even though this employee now works in accounting. Which principle has been violated? - ANSWER- Least privilege 
 
A sales specialist is a normal user of a corporate network. The corporate network uses subjects, objects, and labels to grant users access. Which a...
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Wall Street Prep Premium Exam 2023 Questions with 100% correct Answers
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What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? - ANSWER-Extraordinary gains/losses 
 
what is false about depreciation and amortization - ANSWER-D&A may be classified within interest expense 
 
Company X's current assets increased by $40 million from 2007-2008 while the companies current liabilities increased by $25 million over the same period. the cash impact of the change in working capital was - ANSWER-a decrease of 15 million 
 
the final compo...
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Solutions for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition by Granof
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Complete Solutions Manual for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition 9e by Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese. ISBN-13: 3898 
 
1 The Government and Not- for- Profit Environment 1 
 
How Do Governments and Not- For- Profits Compare With Businesses? 2 
 
In Practice: Why Is State And Local Government Accounting Important? 6 
 
What Other Characteristics of Governments and Not- For- Profits Have Accounting Implications? 9 
 
How Do Gove...
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS 
Questions And Answers (2022/2023) Verified 
 
 
 
 
 
1.	What does accounting focus on(answer) The impact a business's activities have on its overall financial performance 
 
2.	Which report summarizes cash collections and cash expenditures from operating,	investing,	and	financing	activities	over	a	period of time(answer) State- ment of cash flows 
 
 
 
 
3.	Which users would have a primary concern with an organization's ability to provide ...
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FAC1602 ASSIGNMENT 2 FOR 2024 - Pass obtained
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Which one of the following alternatives is correct? 
 
a. 
The retirement of a partner from a partnership does not require the calculation of a new profit-sharing ratio but a simple reallocation of a retired partner’s share. 
 
b. 
Since partnerships are not governed by a law requiring that IFRS be applied, it is not possible to introduce a standardised accounting procedure according to which changes in the owne...
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FAC1601 Assignment 1 2023 solutions semester 1
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100% SOLUTIONS FOR FAC1601 
 
QUESTIONS ANSWERED 
 
Which of the following statements is correct: 1. A liability is a future obligation of a reporting entity to transfer an economic resource as a result of a past event. 2. The accounting equation is: Liabilities + Assets = equity 3. The value of a reporting entity lies in the net assets (assets minus liabilities) under its control. 4. Equity is the residual interest in the assets of the entity after deducting all the expenses.Question text The d...
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FAC3702 Assignment 1 Semester 1 2023 (195028 )
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FAC3702 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance.............. ................................................... Sandy Beans Limited, hereafter “ SandyB” is a camera lens manufacturing company based in Durban, South Africa. SandyB manufactures these product for export to various countries. SandyB has a 30 June financial year end and has adopted to prepare the financial statements in terms of the International Finan...
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