26, 7:53 PM FAC1502-26-S1: Assessment 3
FAC1502-26-S1 Welcome Message Assessment 3
QUIZ
Assessment 3
Opened: Wednesday, 1 April 2026, 8:00 AM
Closes: Wednesday, 8 April 2026, 9:00 PM
668548
Kindly note that you will only be able to view your mark obtained for Mandatory Assessment
3 and the overall feedback for Mandatory Assessment 3 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 Mandatory Assessment 3.
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 on a phone.
Attempts allowed: 2
To continue with this quiz attempt you must open your webcam, and it will take some of your
pictures randomly during the quiz.
Time limit: 1 hour
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
Attempt State 50.00 100.00 Review Feedback
1 Finished 42.02 84.04 Congratulations, you
Submitted Wednesday, 1 passed this assessment
April 2026, 7:52 PM with a distinction. Keep
up the good work.
Your final grade for this quiz is 84.04/100.00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
s://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=1317193 1/2
,4/1/26, 7:52 PM Assessment 3 (page 1 of 5)
Question 1
Answer saved
Not graded
NB: If the below question is not answered, you will receive zero for your assignment!
I declare that the work submitted in this assignment is my own. I did not request assistance to complete the assignment questions from
any third parties.
I declare that I did not pay a third party to complete and submit my assignment on my behalf.
I declare that I did not provide assistance to other students completing the assignment.
a. Yes
b. No
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=31900256&cmid=1317193# 2/2
, 4/1/26, 7:52 PM Assessment 3 (page 2 of 5)
Question 2
Answer saved
Marked out of 6.00
KK Trading is a registered VAT vendor and makes use of the periodic inventory system.
The following information relates to K Mathi, one of the creditors of KK Trading.
K Mathi’s balance as per the trade payables ledger as at 30 June 2024 was R9 180.
The following information had not been considered in correcting of the trade payables ledger:
An invoice of R1 140 (VAT exclusive) in respect of goods purchased from K Mathi was erroneously omitted from the
purchases journal.
Required:
Prepare the corrected account of the creditor in the trade payables ledger
Instructions:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. Only show the amount, do not show the "R" (eg: 1000)
4. If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0")
K Mathi
Debit Credit Balance
2024 R R R
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=31900256&cmid=1317193&page=1 2/3
FAC1502-26-S1 Welcome Message Assessment 3
QUIZ
Assessment 3
Opened: Wednesday, 1 April 2026, 8:00 AM
Closes: Wednesday, 8 April 2026, 9:00 PM
668548
Kindly note that you will only be able to view your mark obtained for Mandatory Assessment
3 and the overall feedback for Mandatory Assessment 3 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 Mandatory Assessment 3.
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 on a phone.
Attempts allowed: 2
To continue with this quiz attempt you must open your webcam, and it will take some of your
pictures randomly during the quiz.
Time limit: 1 hour
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
Attempt State 50.00 100.00 Review Feedback
1 Finished 42.02 84.04 Congratulations, you
Submitted Wednesday, 1 passed this assessment
April 2026, 7:52 PM with a distinction. Keep
up the good work.
Your final grade for this quiz is 84.04/100.00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
s://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=1317193 1/2
,4/1/26, 7:52 PM Assessment 3 (page 1 of 5)
Question 1
Answer saved
Not graded
NB: If the below question is not answered, you will receive zero for your assignment!
I declare that the work submitted in this assignment is my own. I did not request assistance to complete the assignment questions from
any third parties.
I declare that I did not pay a third party to complete and submit my assignment on my behalf.
I declare that I did not provide assistance to other students completing the assignment.
a. Yes
b. No
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=31900256&cmid=1317193# 2/2
, 4/1/26, 7:52 PM Assessment 3 (page 2 of 5)
Question 2
Answer saved
Marked out of 6.00
KK Trading is a registered VAT vendor and makes use of the periodic inventory system.
The following information relates to K Mathi, one of the creditors of KK Trading.
K Mathi’s balance as per the trade payables ledger as at 30 June 2024 was R9 180.
The following information had not been considered in correcting of the trade payables ledger:
An invoice of R1 140 (VAT exclusive) in respect of goods purchased from K Mathi was erroneously omitted from the
purchases journal.
Required:
Prepare the corrected account of the creditor in the trade payables ledger
Instructions:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. Only show the amount, do not show the "R" (eg: 1000)
4. If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0")
K Mathi
Debit Credit Balance
2024 R R R
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=31900256&cmid=1317193&page=1 2/3
