FAC1503 Financial Accounting Principles for Law Practitioners
University of South Africa
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FAC1503 EXAM PACK
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---70november 20212021/2022A+
- QUESTION 1 
You are provided with the following transactions for T Traders, using the periodic inventory 
system. T Traders is not registered as a VAT vendor. 
1. Sold goods on account to Mandi Thibadira for R4 400. 
2. Mandi Thibadira returned damaged goods worth R300, being not according to the sample 
she ordered. 
3. Purchased goods from Welcome Traders for R15 400 less 20% trade discount. 
4. Paid Welcome Traders by cheque, less 5% settlement discount. (See no. 3) 
5. Received a cheque for ...
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ExellentStudyResources
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FAC1503 EXAM PACK
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---137oktober 20212021/2022A+
- FAC1503 EXAM PACK 
QUESTION PAPER 
AND 
SOLUTIONS 
2008 -2013 
4 
MAY 2008 EXAMINATION PAPER (For revision purposes) 
This paper consists of 10 (ten) pages. 
PLEASE NOTE: 
1. Ensure that you are writing the correct examination paper. 
2. Ensure that you are handed the correct examination answer book (BLUE) by the 
invigilator. 
3. This paper consists of 6 (SIX) questions. 
4. All questions must be answered. 
5. Basic calculations, where applicable, must be shown. 
6. Each question attempted must...
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LOVELY01
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FAC1503 EXAM PACK.
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---137oktober 20212021/2022A+
- FAC1503 EXAM PACK. Financial Accounting Principles For Law Practitioners. Human resource management is a cycle that includes: 
● The recruitment and hiring of new employees 
Law firms spend substantial amounts of money to recruit the best law students and 
other legal personnel such as legal secretaries, legal typists and legal assistants. Legal 
personnel are the people who bring in the business, do the legal work and represent 
the clients. 
● Their training 
Training involves teaching bas...
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ExcelAcademia2026
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Tutorial Letter 101/3/2020 Financial Accounting Principles for Law Practitioners FAC1503 Semesters 1 and 2
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---29oktober 20212021/2022A+
- Dear Student 
As part of this tutorial letter, we wish to inform you that Unisa has implemented a transformation 
charter based on five pillars and eight dimensions. In response to this charter, we have also 
placed curriculum transformation high on the agenda. For your information, curriculum 
transformation includes the following pillars: student-centred scholarship, the pedagogical 
renewal of teaching and assessment practices, the scholarship of teaching and learning, and the 
infusion of Af...
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LOVELY01