Your transcript wont be nice. You will have the F for the subject for that semester in your transcript. If you pass, then next semester they again will stated the result.

Yes, will shoot up, consider as normal A.

yeahs4.1: You sure the previous credit hours will be included as well? I check my transcript, they just give me the normal credit hour. The 1 I failed before is 0, and only the 1 I resit and pass only.

Ex-tarcian here. =)