000 loan w - Study guides, Class notes & Summaries

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-S2Welcome MessageAssessment 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...

Question 1 1.1 Explain the concept "concursus creditorum" as well as what it presupposes. (5) 1.2 ABC Ltd is a British company that owns property which is lying in a warehouse in Cape Town harbour. ABC Ltd does not have a place of business in South Africa. Will the Western Cape High Court, Cape Town, have jurisdiction to sequestrate ABC Ltd.’s estate? (5) 1.3 Fred approaches you for advice. He informs you that Jenna owes him R24 000 for cleaning services rendered by his company. Fred expl...

SCHOOL OF ACCOUNTANCY FINANCIAL ACCOUNTING 288 TEST: 19 APRIL 2023 Examiners: Mrs N Daniels MARKS: 100 Mrs W Engelbrecht TIME: 3 HOURS Mrs L Sahd NUMBER OF 4 QUESTIONS : Ms J van Wyk * me – mark with error QUESTION 1 (15 marks) PART A (3 marks) 1) D (1) 2) E (1) 3) E (1) PART B (4 marks) a) Liability is a present obligation(X), arising from past events (X) settlement of which is expected to result in an outflow of economic benefits (X),...

1. Welcome to Lululemon! We are happy to have you as a co-op student. The fundamental steps in the accounting process are those involved in the accounting cycle: Analyze transactions to determine if an economic exchange has taken place and, if so, journalize and post the transaction. An unadjusted trial balance is then prepared to help identify potential adjustments. Appropriate adjusting entries are journalized and posted and an adjusted trial balance is generated from which the financial...

AQA GCSE STATISTICS Higher Tier Paper 2 MAY 2023 PRACTICE PAPER H Practice paper Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator • mathematical instruments • the AQA data book for this paper Instructions • Use black ink or black ball-point pen. Draw diagrams in pencil. • Fill in the boxes at the top of the page. • Answer all questions. • You must answer the quest...

AQA GCSE STATISTICS Higher Tier Paper 2 MAY 2023 PRACTICE PAPER H Practice paper Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator • mathematical instruments • the AQA data book for this paper Instructions • Use black ink or black ball-point pen. Draw diagrams in pencil. • Fill in the boxes at the top of the page. • Answer all questions. • You must answer the quest...

PPL Navigation Exam 224 Questions with Verified Answers An observer is located north of the plane of the ecliptic The Earth moves on an elliptical orbit around the sun and the rotational direction is counterclockwise The Earth moves on a circular orbit around the sun and the rotational direction is counterclockwise The Earth moves on an elliptical orbit around the sun and the rotational direction is clockwise The Earth moves on a circular orbit around the sun and the rotational direc...

1 PRTC OBLIGATION 1. A mango tree in the land of O is reclining towards the road. All of a sudden, without a storm or an earthquake or even strong wind, the tree falls hitting a car belonging to X causing a P20, 000 damage. The liability of O to X arises from: a. a. Law b. Contract c. Quasi –contract d. Delict e. Quasi – delict 2. The obligation of the employer to pay death benefits and funeral expenses for his employer’s death while in the course of employment as sanctioned by the Workmen...

PGA PGM 3.0 Level 1 Exam Questions and Answers Passed A+ The Process for developing a business plan starts before you establish the goals you would like to achieve for the shops coming year *ANS* True Who should provide direction for creating the business plan at a Golf Operation *ANS* Key Stakeholders According to the business planning Model, a business plan should build on and refine the operation plan *ANS* False Long - Range Planning should initially assume an adversarial relatio...

Question 1 1.1 Discuss Epstein v Epstein 1987 (4) SA 606 (C). (10) 1.2 Martin approaches you for advice. He informs you that his brother, Eric, owes him R24,000 for pool cleaning services rendered by his company. Martin explains to you that despite various attempts to get Eric to pay his debts, he has yet to make any payment. Martin is especially upset because he has heard a rumour that Eric owes money to several people, amongst them a mutual best friend, Kenneth. Kenneth informed Martin that Er...