Fac1601 assignment 1 2022 - Study guides, Study notes & Summaries
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FAC1601 Assignment 3 Semester 1 2024 (214921)
- Exam (elaborations) • 30 pages • 2024
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FAC1601 Assignment 3 2024 (UNIQUE NO. 214921) - DUE 30 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
 
Question 1 Not yet answered Marked out of 3.00 QUIZ This information relates to questions 1 - 5 below: A profi table cattle feed production company, Tswelelopele Ltd, was incorporated with an authorised share capital of 900,000 NPV ordinary shares and 600,000 6.5% preference shares. The co...
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FAC1601 Assignment 5 Semester 1 2024 (367161)
- Exam (elaborations) • 60 pages • 2023
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FAC1601 Assignment 5 Semester 1 2024 () 100% TRUSTED workings, explanations and solutions. For assistance call or us on .
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FAC1601 Assignment 2 Semester 1 2023/2024 Update
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FAC1601 Assignment 2 Semester 1 2023/2024 Update 
FAC1601 Assignment 2 Semester 1 2023/2024 Update 
 
Question 1 
 Which of the following statements is correct: 
1. When revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 
2. The selling price of a partnership is determined by the cost price of the partnership. 
...
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FAC1601 Assignment 2 Semester 1 2023 (366856)
- Exam (elaborations) • 22 pages • 2023
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FAC1601 Assignment 2 Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . 
Which of the following statements is correct: 1. W hen revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 2. The selling price of a partnership is determined by the cos...
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FAC1601 Assignment 5 (WORKINGS & ANSWERS) Semester 1 2023 (367161) - DUE 12 June 2023
- Exam (elaborations) • 36 pages • 2023
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FAC1601 Assignment 5 (WORKINGS & ANSWERS) Semester 1 2023 () - DUE 12 June 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . 
Gill and Zaahir are in the business of supplying and installing solar panels in the form of a partnership trading as Solar Installations. Gill and Zaahir share profits and losses in the ratio1:2 respectively. On 31 May 2023 the following information was extracted from the accounting records of the partnership: ...
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FAC1601 ASSIGNMENT 1 SEMESTER 2 2022
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This document contain FAC1601 Assignment 1 Semester 2 2022 Questions an TRUSTED Answers
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FAC1601 ASSIGNMENT 1 SOLUTIONS SEMESTER 1 2022
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FAC1601 ASSIGNMENT 1 SOLUTIONS SEMESTER 1 2022
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FAC1601 ASSIGNMENT 1 Semester 2 2023 (ANSWERS)
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FAC1601 ASSIGNMENT 1 Semester 2 2023 (ANSWERS) 
 
Question 1 
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Question 2 
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Question 3 
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QUIZ 
The definition of a liability is: 
A. A future economic resource controlled by a reporting entity as a result of a past event. 
B. A future economic resource controlled by a reporting entity as a result of a future event. 
C. A present economic resource controlled by a reporting entity as a result of a pa...
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FAC1601 Assignment 1 Solutions Second Semester 2022
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All questions and working for the first assignment of second semester 2022.
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FAC1601 Assignment 5 Semester 2 2023 FAC1601 ASSIGNMENT 5 SEMESTER 2 2023
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FAC1601 Assignment 5 Semester 2 
2023 
FAC1601 
ASSIGNMENT 5 SEMESTER 2 2023 
SOLUTIONS, EXPLANATIONS, WORKINGS, AND REFERENCES 
Extract from ledger account balances as at 30 September: 
 
R R 
Share capital: Ordinary shares 
Share capital: Preference shares 
Retained earnings 
Long-term loan - ABC Bank 
Land and buildings at cost 
Machinery and equipment at carrying amount 
Inventory 
Trade receivables control 
Listed investments 110 000 0 
Bank 
Trade payables control 
SARS (income t...
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