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FAC1501 Assessment 1 semester 2 due 7 august 2023 $2.81
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  5. FAC1501 - Introductory Financial Accounting (FAC1501)

Exam (elaborations)

FAC1501 Assessment 1 semester 2 due 7 august 2023

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  • Course
  • FAC1501 - Introductory Financial Accounting (FAC1501)
  • Institution
  • University Of South Africa (Unisa)

This document contains multiple solutions to Fac1501 assessment 1 semester 2 due on 7 august 2023, using this document will ensure a 90+ distinction.

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Document information

  • August 3, 2023
  • 23
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • fac1501 assessment 1

Written for

  • University of South Africa (Unisa)
  • FAC1501 - Introductory Financial Accounting (FAC1501)
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Summary of your previous attempts
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I Grade /
State 20.00 100.00 Review Feedback


Finished 20.00 100.00 You passed this assignment with a distinction. Ke
Submitted Thursday, 3 August 2023, 4:09 good work.
PM




Your final grade for this quiz is 100.00/100.00.
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You passed this assignment with a distinction.Keep up the good work.



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, 8/3/23, 4:08 PM Assessment 1 (page 1 of 2)


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The following are some of the steps which are taken in the monthly routine of recording financial transactions:
(1) Post to the general ledger.
(2) Extract a trial balance.
(3) Record a transaction on a source document.
(4) Balance the general ledger accounts.
(5) Enter data from source documents into the appropriate subsidiary journal.
The correct order in which these steps should take place is as follows:

Select one:
a. (5), (3), (2), (1), (4)
b. (2), (4), (1), (5), (3)
c. (1), (3), (4), (2), (5)
d. (3), (5), (1), (4), (2)

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=11772544&cmid=582739 1/5

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