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FAC1502 STUDY NOTES - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. The document provides an overview of financial accounting concepts, focusing …
In this study guide a variety of exercises are given. You should do these exercises by yourself also and compare your attempt with the solutions given in the study guide. It also contains self-evaluation …
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You may, having completed the BCom or BCompt degree, study further in accounting by studying the BCom/BCompt (honours) degree and thereafter the MCom/MCompt and DCom/DCompt degrees. …
When goods are sold, the sales account (income) is credited with the selling price and the contra account, say bank or debtors, is debited.
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