4/13/26, 12:03 PM FAC1502-26-S1: Assessment 4 Group 2: 10:30 - 13:00
Assessment 4 Group 2: 10:30 - 13:00
207316
Attempts allowed: 1
This quiz opened at Monday, 13 April 2026, 10:30 AM
This quiz will close on Monday, 13 April 2026, 1:00 PM.
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: 2 hours
Summary of your previous attempts
State Grade / 100.00 Review
Finished 84.52
Submitted Monday, 13 April 2026, 12:03 PM
https://cas.myexams.unisa.ac.za/mod/quiz/view.php?id=72788 1/2
, 4/13/26, 11:58 AM Assessment 4 Group 2: 10:30 - 13:00 (page 2 of 5)
Question 2
Answer saved
Marked out of 20.00
Dashboard Calendar
Rexel Distributors, a registered VAT vendor (VAT rate: 15%), uses the perpetual inventory system. All amounts are given inclusive of VAT
where applicable.
Dashboard The following
/ My courses information was
/ FAC1502-26-S1 extracted
/ General / from the accounting
Assessment 4 Grouprecords
2: 10:30for February 2025:
- 13:00
Extract from the General Ledger (before adjustments)
Amount
Description
R
Trade receivables – Opening balance (1 February) 68 560
Credit sales (February) 193 570
Cash receipts from debtors (per CRJ – debtors’ column) 108 630
Sales returns from debtors (per SRJ – debtors’ column) 8 930
Additional information from the debtor’s reconciliation (28 February 2025)
During the preparation of the monthly debtor’s reconciliation, the accountant identified the following discrepancies:
1. A debtor returned goods worth R1 944, but the bookkeeper incorrectly recorded the return in the purchases returns journal instead
of the sales returns journal.
2. The debtor’s column in the CRJ was overcast by R3 029. This error has not been corrected.
3. An invoice for goods sold on credit for R1 209 was posted to the Trade receivables control account but was omitted from the Trade
Receivables ledger.
https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=432125&cmid=72788&page=1# 2/5
Assessment 4 Group 2: 10:30 - 13:00
207316
Attempts allowed: 1
This quiz opened at Monday, 13 April 2026, 10:30 AM
This quiz will close on Monday, 13 April 2026, 1:00 PM.
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: 2 hours
Summary of your previous attempts
State Grade / 100.00 Review
Finished 84.52
Submitted Monday, 13 April 2026, 12:03 PM
https://cas.myexams.unisa.ac.za/mod/quiz/view.php?id=72788 1/2
, 4/13/26, 11:58 AM Assessment 4 Group 2: 10:30 - 13:00 (page 2 of 5)
Question 2
Answer saved
Marked out of 20.00
Dashboard Calendar
Rexel Distributors, a registered VAT vendor (VAT rate: 15%), uses the perpetual inventory system. All amounts are given inclusive of VAT
where applicable.
Dashboard The following
/ My courses information was
/ FAC1502-26-S1 extracted
/ General / from the accounting
Assessment 4 Grouprecords
2: 10:30for February 2025:
- 13:00
Extract from the General Ledger (before adjustments)
Amount
Description
R
Trade receivables – Opening balance (1 February) 68 560
Credit sales (February) 193 570
Cash receipts from debtors (per CRJ – debtors’ column) 108 630
Sales returns from debtors (per SRJ – debtors’ column) 8 930
Additional information from the debtor’s reconciliation (28 February 2025)
During the preparation of the monthly debtor’s reconciliation, the accountant identified the following discrepancies:
1. A debtor returned goods worth R1 944, but the bookkeeper incorrectly recorded the return in the purchases returns journal instead
of the sales returns journal.
2. The debtor’s column in the CRJ was overcast by R3 029. This error has not been corrected.
3. An invoice for goods sold on credit for R1 209 was posted to the Trade receivables control account but was omitted from the Trade
Receivables ledger.
https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=432125&cmid=72788&page=1# 2/5
