Fac1601 financ - Study guides, Study notes & Summaries
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FAC1601 Financial Accounting Reporting Exam Pack 2021
- Exam (elaborations) • 98 pages • 2021
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- R84,51
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FAC1601 
Financial Accounting Reporting Exam Pack 2021 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FAC1601 
 
EXAM PACK 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FULL EXAM PACK FOR FINANCIAL 
 
ACCOUNTING REPORTING 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OCTOBER – 
 
NOVEMBER 
 
2020
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FAC1601 Financial Accounting Reporting Exam Pack 2021
- Other • 98 pages • 2021
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- R140,98
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Questions and Answers from past exam papers. Includes Definitions, Short Questions, and Long questions. Ideal for exam revision and practice.
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Tutorial letter 501/3/2021 FAC1601 Financial Accounting Reporting Semesters 1 and 2
- Exam (elaborations) • 232 pages • 2021
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- R282,14
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Introduction and overview of the module ii 
LEARNING UNIT 1 
Introduction to the preparation of financial statements ...................... 1 
LEARNING UNIT 2 
Financial statements of a sole proprietorship .................................... 24 
LEARNING UNIT 3 
Establishment and financial statements of a partnership .................. 45 
LEARNING UNIT 4 
Changes in the ownership structure of partnerships ......................... 68 
LEARNING UNIT 5 
The liquidation of a partnership ............
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FAC1601 Assignment 2 Semester 1 2022
- Exam (elaborations) • 16 pages • 2022
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- R67,01
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FAC1601 Assignment 2 Semester 1 2022 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.
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FAC1601 Financial Accounting and Reporting Exam-Pack 2022
- Other • 113 pages • 2022
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- R112,93
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FAC1601 
Financial Accounting and 
Reporting 
Exam-Pack 2022
Too much month left at the end of the money?
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FAC1601 Financial Accounting and Reporting Exam-Pack 2022
- Other • 113 pages • 2022
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- R75,29
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FAC1601 
Financial Accounting and 
Reporting 
Exam-Pack 2022
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FAC1601 Financial Accounting Reporting Exam Pack 2021
- Exam (elaborations) • 118 pages • 2021
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- R103,33
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FINANCIAL ACCOUNTING REPORTING.......................continued
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FAC1601 Financial Accounting Reporting______________WELL EXPLAINED FOR BETTER UNDERSTANDING
- Other • 135 pages • 2021
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- R244,50
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OVERVIEW: 
The objective of financial statements is to provide information that is 
useful in making economic decisions. IAS 1’s objective is to ensure 
comparability of presentation of that information with the entity's 
financial statements of previous periods and with the financial 
statements of other entities. 
• Statement of financial position (balance sheet) 
• Statement of profit or loss and other comprehensive income 
(income statement) 
• Statement of changes in equity 
• St...
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FAC1601 Financial Accounting Reporting Exam Pack 2021
- Exam (elaborations) • 98 pages • 2021
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- R67,57
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FINANCIAL 
ACCOUNTING 
REPORTING 
4 
OCTOBER – 
NOVEMBER 
2020 
5 
SOLUTION 1: CLOSE CORPORATIONS: 
CALCULATION OF PROFIT OR LOSS FOR THE 
YEAR, STATEMENT OF CHANGES IN NET 
INVESTMENTS OF MEMBERS & STATEMENT OF 
FINANCIAL POSITION 
(a) BOOMSHAKA CC 
CALCULATION OF PROFIT OR LOSS FOR THE YEAR ENDED 28 
FEBRUARY 2017
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FAC1601 Financial Accounting Reporting Exam Pack 2021
- Exam (elaborations) • 99 pages • 2021
-
- R69,45
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SOLUTION 1: CLOSE CORPORATIONS: 
CALCULATION OF PROFIT OR LOSS FOR THE 
YEAR, STATEMENT OF CHANGES IN NET 
INVESTMENTS OF MEMBERS & STATEMENT OF 
FINANCIAL POSITION 
(a) BOOMSHAKA CC 
CALCULATION OF PROFIT OR LOSS FOR THE YEAR ENDED 28 
FEBRUARY 2017
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