Fac1502 Assignment 1 2019
University of South Africa
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FAC1502 SEMESTER 2 ASSIGNMENT 1
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---8september 20212021/2022A+
- DUE DATE: 19 August 2020 
UNIQUE NUMBER: (MULTIPLE-CHOICE QUESTIONS) 
1. When a service is rendered on credit, the effect will be the following: 
(1) Income from services rendered account will decrease and the debtors account will 
increase. 
(2) Income from services rendered account will increase and the debtors account will 
increase. 
(3) Income from services rendered account will increase and the creditors account will 
increase. 
(4) Income from services rendered account will increase and ...
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