100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FAC1502 Assignment 5 - 2024 COMPLETE SOLUTIONS $2.85   Add to cart

Other

FAC1502 Assignment 5 - 2024 COMPLETE SOLUTIONS

 147 views  1 purchase
  • Course
  • Institution

Guaranteed very good marks. Q&A in searchable format

Preview 4 out of 316  pages

  • October 13, 2023
  • 316
  • 2023/2024
  • Other
  • Unknown
avatar-seller
FAC1502
Assignment 5
Semester 2 - 2023
Unique No.: 703279




Disclaimer
These study notes are meant to aid your academic journey. They are not a substitute for
individual research or professional guidance, and their accuracy, while strived for, is not
guaranteed. You are responsible for verifying the information and maintaining academic
integrity by avoiding plagiarism and adhering to citation rules. The notes may not cover all
variations of a subject, so tailor your assignments to your specific academic environment. The
seller is not liable for any outcomes resulting from the use or misuse of these notes. By using
these notes, you agree to this disclaimer, which may be updated without notice.

,Time left 1:05:21
Question 1
Answer saved
Marked out of 2.00




Flag question

Question text
Dumisani bought a shirt from Loud Shirts for R625.00 (after discount). The dress was
discounted by 20%.
What will the discount amount be?
NB: Instructions
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Only show the amount, do not show the R (eg: 12141.72)




Answer: 156.25

Question 2
Answer saved
Marked out of 2.00




Flag question

Question text

, Furniture Traders sold three tables and six chairs to Beauty Traders, for their nail
technicians, for an amount of R31 050 (15% VAT inclusive). Furniture Traders makes use
of a mark-up percentage on cost of 35%
What is the amount for the sales (VAT exclusive) of the tables and chairs?
NB: Instructions
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Only show the amount, do not show the R (eg: 12141.72)




Answer:

Question 3
Answer saved
Marked out of 3.00




Flag question

Question text


Select one:


A.
Name of account Classification
Profit on sale of equipment Income
Equipment Asset
Services rendered Income
Depreciation Expense
Insurance Expense
Capital Equity
Credit loss recovered Income
Water and electricity Expense


B.
Name of account Classification
Profit on sale of equipment Income
Equipment Asset

, Services rendered Income
Depreciation Income

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller UnisaGuides. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.85. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.85  1x  sold
  • (0)
  Add to cart