Introductory Financial Accounting FAC1501 (FAC1501)

PES3701 ASSIGNMENT 3 (DETAILED ANSWERS WITH FOUR ESSAY OPTIONAL ANSWERS) - DUE 30 JULY 2024

PES3701 ASSIGNMENT 3 (DETAILED ANSWERS WITH FOUR ESSAY OPTIONAL ANSWERS) - DUE 30 JULY 2024

FAC1501 ELECTIVE ASSESSMENT 9 SUPPLEMENTING ASSESSEMNT 5

FAC1501 ELECTIVE ASSESSMENT 9 SUPPLEMENTING ASSESSEMNT 5 SEARCHABLE Shabangu Suppliers (not a registered VAT vendor) is a retail entity situated in the Limpopo province. The perpetual inventory system is in use and merchandise are sold at a 25% mark-up on cost. The following transactions took place during May 2023: Machete Traders specialises in selling quality household appliances and various household goods. The business is a registered VAT vendor and applies the principles of the per...

FAC1501 ASSESSMENT 7 SEMESTER 1 2024 Africa Services, a registered VAT vendor, provides electrician services. On 18 March 2023, Africa Services provided electrician services for R7 499 (VAT inclusive) to SA Traders for cash. The VAT rate is 15%. Required: Record the above transaction in the applicable subsidiary journal of Africa Services. Where applicable, provision must be made for a VAT input column in the purchases journal. True 

FAC1501 ASSESSMENT 6 SEMESTER 1 2024 SEARCHABLE

FAC1501 ASSESSMENT 6 SEMESTER 1 2024 SEARCHABLE Mekgoe Florist is situated in the Western Cape. The business is a registered VAT vendor and makes use of the perpetual inventory system. During the month of March 2024, Mekgoe Florist maintained a favourable bank balance. The VAT rate is 15%. On 28 March 2024 Mekgoe Florist received a tax invoice of R3 790 (VAT exclusive) for the monthly vehicle insurance from Travelstar (registered VAT vendor) and paid the full amount owing with an electronic ...

FAC1501 Assignment 5 (ANSWERS) Due 13 May 2024

FAC1501 ASSIGNMENT 4 2024 SEMETSER 1 SEARCHABLE DOCUMENT

FAC1501 ASSESSMENT 4 SEMESTER 1 2024 SEARCHABLE DOCUMENT. Mapungubwe Traders primary business is to buy and sell battery back up systems and other items to be used during load shedding. Mapungubwe Traders is NOT a registered VAT vendor and applies the principles of the periodic inventory system. On 1 April 2022 Mapungubwe Traders was invoiced an amount of R17 300 (VAT exclusive) and paid the full amount owing with an electronic funds transfer to SA Safety (registered VAT vendor) for a safety...