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FAC1501 Assignment 5 Semester 1 2024
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FAC1501-24-S1: Assessment 5 https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=842UNISA 2024 FAC1501-24-S1 Welcome to FAC1501 Assessment 5
QUIZ
Assessment 5
Opened: Thursday, 9 May 2024, 8:00 AM
Closes: Monday, 13 May 2024, 9:00 PM
825320
You must have completed the activities of learning units 1 to 11 before assessment 5 will be available to you.
Kindly note that you will only be able to view your mark obtained for assessment 5 and the overall feedback for assessment
5 after you have submitted your attempt.
You will be able to view the questions you have received for the attempt, with its answers and general feedback, after the
due date of assessment 5.
Please note that if you do not submit mandatory assessment 5 (e.g. you are sick or you did not complete all the required
activities to open the assessment) or if you submit an assessment without answering any of the questions, you will not be
given a second attempt to submit mandatory assessment 5, you will then have to submit elective assessment 9 as a
replacement for mandatory assessment 5.
NB: Please complete this assessment using a computer. If not possible use the web browser of your phone. Some tables
will not be visible through the myModules app.
Attempts allowed: 1
Time limit: 2 hours
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Grade /
State 100.00 Review Feedback
Finished Congratulations, you passed this assessment with a distinction.
Submitted Thursday, 9 May 2024, Keep up the good work.
/ 1 6. 1 /1 0 5
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
1 of 2 2024/05/09, 14
,FAC1501-24-S1: Assessment 5 https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=842
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2 of 2 2024/05/09, 14
,Assessment 5 (page 1 of 17) https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=18
UNISA 2024 FAC1501-24-S1 Welcome to FAC1501 Assessment 5
QUIZ
Time left 1:54:17
Question 1
Not yet answered
Marked out of 5.00
Please match the question in column A to the correct option. Each option provided may be selected more than once. You may
assume that the entities mentioned in the transactions are not a registered VAT vendors unless explicitly mentioned otherwise.
Mr S Africa is the owner of SA Landscapers. SA Landscapers has a favourable bank balance. On 3
January 2021, SA Landscapers paid SA Media to place an advertisement in the local newspaper. Expenses
The account debited for this transaction in the books of SA Landscapers will be classi�ed as ….
Mr S Africa is the owner of SA Landscapers. SA Landscapers has a favourable bank balance. On 3
January 2021, SA Landscapers rendered landscaping services to Mrs A Zulu. Mrs A Zulu paid her
Current assets
account with an electronic funds transfer. The account debited for this transaction in the books of
SA Landscapers will be classi�ed as ….
Mr S Africa is the owner of SA Landscapers. SA Landscapers has a favourable bank balance. On 3
January 2021, SA Landscapers rendered landscaping services to Mrs A Zulu. Mrs A Zulu received
Current assets
her invoice and has 30 days to pay the outstanding amount. The account debited for this
transaction in the books of SA Landscapers will be classi�ed as ….
Mr S Africa is the owner of SA Landscapers. SA Landscapers has a favourable bank balance. On 3
January 2021, SA Landscapers received an invoice from SA Media for the placement of an
Current liabilities
advertisement in the local newspaper of 20 December 2020. The account credited for this
transaction in the books of SA Landscapers will be classi�ed as ….
Mr S Africa is the owner of SA Landscapers. SA Landscapers has a favourable bank balance. On 3
January 2021, SA Landscapers obtained a loan from ZAR Bank. The loan bears interest at 10% per
annum and is repayable in equal monthly instalments over 5 years. ZAR Bank paid the full amount Current liabilities
of the loan into the bank account of SA Landscapers. The account credited for this transaction in
the books of SA Landscapers will be classi�ed as ….
1 of 1 2024/05/09, 12
,Assessment 5 (page 2 of 17) https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=18
UNISA 2024 FAC1501-24-S1 Welcome to FAC1501 Assessment 5
QUIZ
Time left 1:27:12
1 of 2 2024/05/09, 12
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