Ledger Study guides, Class notes & Summaries

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 ...

FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS) Question 1 Answer saved Marked out of 6.50 Flag question Question text Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1 500 each, around the townships of KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 October 2023. This transacti...

FAC1502 ASSESSMENT 4 SEMESTER 1 2024 SEARCHABLE COMPRESSED The following sales journal totals were provided to you: FRUIT AND VEGGIE SPAZA SHOP: SALES JOURNAL – AUGUST 20.20 Post the above transactions to the general ledger account provided below Naledi Traders received R3 000 cash for services rendered for a client. Naledi Traders maintained a favourable bank balance. Prepare the BAE incorporating the information form the above transaction in the table below by indicating the net eff...

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...

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...

BBK99E1 Basic Bookkeeping Level 1 F inal Exam - Practical Exam Answers. Balance forward Cr. 19,961.00 Jan. 23 GJ01 323.55 Cr. 19,637.45 Jan. 31 PJ01 19,829.03 Cr. 39,466.48 Jan. 31 CD03 19,829.03 Cr. 19,637.45 Feb. 28 PJ01 8,560.00 Cr. 28,197.45 Feb. 28 CD01 25,311.00 Cr. 2,886.45 XY Consumer Products GENERAL LEDGER 2050 Employment Insurance Payable Date 2003 Item Folio Debit Credit Dr. Cr. Balance Jan. 01 Balance forward Cr. 500.00 Jan. 31 GJ02 88.09 Cr. 588.09 Jan. 31 CD03 500.0...

FAC3701 ASSIGNMENT 1 SEMESTER 1 - 2024 (702057) DUE DATE: 05 APRIL 2024 REQUIRED: a) Using the additional information, calculate the correct profit before tax in the statement of profit or loss and other comprehensive income of Ndlovu Jam Ltd for the year ended 31 December 2023. b) Calculate the deferred tax balance in the statement of financial position of Ndlovu Jam Ltd at ended 31 December 2023 using the statement of financial position approach. Indicate if the balance is a defer...

Question 2 Not yet answered Marked out of 1.00 Flag question 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 Question 3 Not yet answered Marked out of 2.00 Flag question Question text Use the following information to answer the question below: SA Traders is a business that sells electronic equipment. The entity i...

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...

These notes provide everything you need to revise for the solicitor's accounts exam and to take into the exam with you (open book University of Law). These notes include: SRA accounts rules, examples financial statement, examples client ledger questions (for a will and for sale and purchase of a house), agency and principal methods, practice questions with answers, multiple choice questions and answers, client or business money example questions.