FAC 1503
Assignment 4 SEMESTER 1 2026
DUE DATE: 20 APRIL 2026
Assessment 4 Test 4
Use this document as a guide to learn, compare and reference
,EXPECT VIEW TUTORS 0664316658 EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658 EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658
,Record the following transactions in the relevant subsidiary journals of Manoj Attorneys for August 2025. Manoj Attorneys is
registered as a VAT vendor. The current VAT rate is 15%.
Aug 4 Ms Naidoo, one of the attorneys, paid R93 500 into the bank account of the firm.
Aug 10 Manoj Attorneys purchased cleaning materials on credit from OfficeMart at a cost of R5 980 (VAT inclusive).
Aug 13 A new client, Mr Dlamini, paid a deposit of R67 500 for services to be rendered.
Aug 31 Manoj Attorneys bought 2 laptops at R14 950 (VAT inclusive) each from Tech World and immediately made an EFT
payment.
Instructions:
1. Use a full stop for decimals.
2. Round to the second decimal.
3. Do not type “R”.
4. If a heading/line item is not applicable, choose N/A and enter 0.
5. Do not type the abbreviation of the month name (eg: Sept 23) in the date column. Only type the day (eg: 23)
Business cash receipts journal of Manoj Attorneys for August 2025
VAT
Interest Rental Clients’ Business
Sundries
Date Details received income Output control Bank
R
R R R R R
4 Ms Naidoo 0 0 93500 93500
Business cash payments journal of Manoj Attorneys for August 2025
VAT Business
Sundries Clients’ control
Date Details Input
R Bank
R
R R
31 Computer equipment 26000 0 3900 29900
Trust cash receipts journal of Manoj Attorneys for August 2025
Trust
Sundries creditors’ N/A Trust Bank
Date Details
R control R
R
R
13 Mr Dlamini (deposit) 0 67500 0 67500
General journal – August 2025
Debit Credit
Date Details
R R
10 Cleaning materials 5200
VAT input 780
OfficeMart (Trade and other payables control) 5980
N/A 0
, Question 3
Answer saved
Marked out of 2.00
On 1 January 20.1 SA Traders purchased a vehicle for R110 000. The financial year-end of SA Traders is 31 December.
Calculate the accumulated depreciation for 20.3 by using the straight-line method at 20% per annum.
Instructions for numeric response:
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: 1000.01)
Answer:
Assignment 4 SEMESTER 1 2026
DUE DATE: 20 APRIL 2026
Assessment 4 Test 4
Use this document as a guide to learn, compare and reference
,EXPECT VIEW TUTORS 0664316658 EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658 EXPECT VIEW TUTORS 0664316658
EXPECT VIEW TUTORS 0664316658
,Record the following transactions in the relevant subsidiary journals of Manoj Attorneys for August 2025. Manoj Attorneys is
registered as a VAT vendor. The current VAT rate is 15%.
Aug 4 Ms Naidoo, one of the attorneys, paid R93 500 into the bank account of the firm.
Aug 10 Manoj Attorneys purchased cleaning materials on credit from OfficeMart at a cost of R5 980 (VAT inclusive).
Aug 13 A new client, Mr Dlamini, paid a deposit of R67 500 for services to be rendered.
Aug 31 Manoj Attorneys bought 2 laptops at R14 950 (VAT inclusive) each from Tech World and immediately made an EFT
payment.
Instructions:
1. Use a full stop for decimals.
2. Round to the second decimal.
3. Do not type “R”.
4. If a heading/line item is not applicable, choose N/A and enter 0.
5. Do not type the abbreviation of the month name (eg: Sept 23) in the date column. Only type the day (eg: 23)
Business cash receipts journal of Manoj Attorneys for August 2025
VAT
Interest Rental Clients’ Business
Sundries
Date Details received income Output control Bank
R
R R R R R
4 Ms Naidoo 0 0 93500 93500
Business cash payments journal of Manoj Attorneys for August 2025
VAT Business
Sundries Clients’ control
Date Details Input
R Bank
R
R R
31 Computer equipment 26000 0 3900 29900
Trust cash receipts journal of Manoj Attorneys for August 2025
Trust
Sundries creditors’ N/A Trust Bank
Date Details
R control R
R
R
13 Mr Dlamini (deposit) 0 67500 0 67500
General journal – August 2025
Debit Credit
Date Details
R R
10 Cleaning materials 5200
VAT input 780
OfficeMart (Trade and other payables control) 5980
N/A 0
, Question 3
Answer saved
Marked out of 2.00
On 1 January 20.1 SA Traders purchased a vehicle for R110 000. The financial year-end of SA Traders is 31 December.
Calculate the accumulated depreciation for 20.3 by using the straight-line method at 20% per annum.
Instructions for numeric response:
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: 1000.01)
Answer:
