Journal entry - Study guides, Class notes & Summaries
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FAC3701 Assignment 1 (WRITTEN) Semester DUE 1 April 2024
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FAC3701 Assignment 1 (WRITTEN) Semester DUE 1 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 . 
ASSESSMENT 01 (First semester) (30 marks) 
WRITTEN ASSESSMENT 
Ndlovu Jam Ltd is a company specializing in the manufacturing of various types of 
jams and sauces. 
The following is an extract of Ndlovu Jam Ltd’s trial balance for the year 
ended 31 December 2023: 
 Notes Debit 
R ...
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FAC1503 ASSIGNMENT 8 FOR 2024 EXPECTED QUESTIONS AND ANSWERS
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Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...
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MAC2601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (767154) - DUE 8 April 2024 ;
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MAC2601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (767154) - DUE 8 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.......... Question 
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QUIZ 
When overhead costs are assigned to production during the month, the correct journal entry would be … 
a. 
Dr Work-in-Progress; Cr Production Overheads Clearance. 
b. 
Dr Production Overheads Cleara...
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FAC1503 ASSIGNMENT 3 FOR 2024 - Distinction
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Question text 
The transactions are summarised in the ledgers and contain the information such as names of parties to the transaction, description of transactions, source document numbers etc. 
Select one: 
 True 
 False 
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Question text 
Use the following information to answer the question below: 
SA Traders is a business that sells electronic equipment. The entity i...
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Sage Intacct Implementation Exam Questions and Correct Answers
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Sage Intacct Implementation Exam Questions and Correct Answers 
General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - ANSWER Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - ANSWER Enforce JE balancing 
 
General L...
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Sage Intacct Implementation Exam Questions and 100% Correct Answers 2024
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Sage Intacct Implementation Exam Questions and 100% Correct Answers 2024 
General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - Correct Answer Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - Correct Answer Enforce JE balancing 
 
Gen...
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FAC3701 Assignment 1 (WRITTEN) Semester 2 2024
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FAC3701 Assignment 1 (WRITTEN) Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, 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)........... 
ASSIGNMENT 01 (Second semester) (30 marks) 
 
WRITTEN ASSIGNMENT 
 
TopStyle Ltd is a manufacturer and retailer of smartphone accessories. TopStyle Ltd was incorporated on 1 July 2021. The profit before tax for the year ended 30 June 2023 amounted to R2 800 000, after taking into account the inf...
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Sage Intacct Implementation | 100% Correct Answers | Verified | Latest 2024 Version
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General Ledger: What rolls an account's ending balance, for each reporting period into the retained 
earnings accounts, effectively making the balance forward for the account zero? - Non-closing 
accounts 
General Ledger: What GL configuration option prevents users from entering a journal entry or other 
transaction that does not balance for the current dimension? - Enforce JE balancing 
General Ledger: What does an entity translate to for transacting in a multi-entity shared environment? - 
Lo...
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FAC3701 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 23 August 2024
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FAC3701 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 23 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. TopStyle Ltd is a manufacturer and retailer of smartphone accessories. TopStyle Ltd was incorporated on 1 July 2021. The profit before tax for the year ended 30 June 2023 amounted to R2 800 000, after taking into account the information below: 
1. Administration building 
The administ...
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FAC3701 ASSIGNMENT 1 SEMESTER 2 - 2023
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FAC3701 ASSIGNMENT 1 SEMESTER 2 - 2023 
 
CLOSING DATE: 01 SEPTEMBER 2023 
 
(a) Prepare the necessary journal entry in the accounting records of Brickblock Ltd to correctly record additional information (6) for the year ended 31 December 2022. 
 
(b) Disclose the income tax expense note (including the tax rate reconciliation, using R–values in the notes to the annual financial statements of Brickblock Ltd for the financial year ended 31 December 2022, according to the requirements of IAS 12, ...
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