Vat control - Study guides, Study notes & Summaries
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SCL1501 EXAM PACK 2024
- Exam (elaborations) • 37 pages • 2023
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SECTION 1 
1.The point of departure for every law student is an understanding of the 
concept of law. 
1.1 Explain the difference between law and morality or religion (3) 
The Law is the system of legal rules recognised and enforced by the government to 
control human behaviour. It has the following characteristics: 
 System of rules 
 Intended to control human behaviour 
 Should be recognised by the state 
 Enforced by the state 
On the other hand morality or religion refers to the pri...
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Principles of bookkeeping controls Question and answers correctly solved 2024
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Principles of bookkeeping controls Question and answers correctly solved 2024 Principles of bookkeeping controls - intro to control accounts – notes, Introduction to Record Keeping, Bookkeeping Basics, MED 109 Ch. 29 
 
Receivable's ledger account - - correct answer A list of amounts owed by each individual credit customer at any particular point in time. An asset account so also starts as a debit. 
 
Receivables ledger control account - - correct answer Total owed by all credit custome...
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Grade 12 Accounting (ACC) September Paper 2 and Memo - 2024
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Grade 12 Accounting September Exam Paper 2 and MEMO: 
Total: 150 Marks, 120 Minutes 
 
Contents: 
Question 1: Cost Accounting 
Question 2: Budgeting 
Question 3: Bank Reconciliation and Internal Control 
Question 4: Vat and inventory valuation 
 
This is a practice paper with memBudgetingorandum meant to test the student's knowledge, and will not be the same paper written for the exam. 
 
DAN SMI
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NetSuite SuiteFoundation Exam questions with correct answers
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3 Types of Customer Payments: - Correct Answer-EFT (electronic funds transfer), Paypal on web store, Credit Card processing 
 
ACH (what is it, and it is the only way to do what?) - Correct Answer-Automated Clearing House (process transactions through ACH network for EFT) The only way to pay vendors in NS. 
 
EFT - Correct Answer-Electronic Funds Transfer (transfer directly from bank account) 
 
Nexus - Correct Answer-how to collect and pay taxes in different areas of the world (defines jurisdic...
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Book keeping Practice Test with Correct Answers
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Book keeping Practice Test with Correct Answers 
 
The financial statements are - Answer-collection of docs required by law for shareholders - submitted either on annual or quarterly basis depending on size 
 
There are different GAAP rules for each - Answer-country 
 
There are no bad credit write offs - Answer-even if firm is insolvent the 7liquidators request payment of debt 
 
Three main inventory valuations - Answer-FIFO 
LIFO 
Average cost 
 
Trial balance - Answer-totals of each of the T...
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NetSuite SuiteFoundation Exam Flash Cards Part 1 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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3 Types of Customer Payments: 
: EFT (electronic funds transfer), Paypal on web store, Credit Card processing 
ACH (what is it, and it is the only way to do what?) 
: Automated Clearing House (process transactions through ACH network for EFT) 
The only way to pay vendors in NS. 
EFT 
: Electronic Funds Transfer (transfer directly from bank account) 
Nexus 
: how to collect and pay taxes in different areas of the world (defines jurisdiction in 
which collect and pay taxes) 
Tax Control Accounts...
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FAC1502 FINANCIAL ACCOUNTING 1 FINANCIAL ACCOUNTING CONCEPTS, PRINCIPLES AND PROCEDURESFAC1502 ASSIGNMENT 2. QUESTIONS WITH CORRECT ANSWERS. A+GRADE.
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8/10/23, 8:26 PM Assessment 1: Attempt review 
 
Time taken	34 mins 45 secs 
Marks	88.00/100.00 
Grade	80.00 out of 100.00 
 
UNISA 2023 FAC1502-23-S2Welcome MessageAssessment 1 
QUIZ 
 
Time left 0:43:45 
Question 1 An entity has the following income and expenditure for the nancial year: Sales: R33 000; Salaries: R11 000; Interest income: R1 000; Insurance Not yet expense: R1 500. 
answered 
	Marked out of	The net pro t or loss of the entity using the basic accounting...
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FAC1502_EXAM_PACK___FINANCIAL_ACCOUNTING_PRINCIPLES__CONCEPTS___PROCEDURES__1
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FAC1502 EXAM PACK 
 
 
 
 
 
 
 
 
 
FINANCIAL ACCOUNTING PRINCIPLES, CONCEPTS & PROCEDURES 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MAY – JUNE 2023 
 
SOLUTION 1: STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOME 
(a) N & N ENTERPRISES 
 
STATEMENT OF PROFIT OR LOSS & OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2015 
 
	R 
Revenue		500 000		 
Cost of Sales		(362 800)		 
Opening Inventory			100 000		 
Purchases (283 000 + 39 000 – 5 000)			317 000		 
Freight charges on purcha...
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RSK2601 MCQ EXAM PACK 2024 GUARANTEED DISTINCTION.
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TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns are all benefits of ef...
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ToolingU Additive Manufacture Questions and Answers 100% Correct!!
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1D Channel - ANSWER-An additive manufacturing (AM) layer construction method in which a single-point source creates a part layer one line at a time. 1D channel construction is commonly used in material extrusion and directed energy deposition (DED). 
 
1D Channel Array - ANSWER-An additive manufacturing (AM) layer construction method in which a series of connected single-point sources create a part layer in one pass. 1D channel array construction is used in material and binder jetting. 
 
2 X 1D...
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