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ACC201 Financial Accounting

Published : 06-Sep,2021  |  Views : 10

Question:

Define plagiarism Reference Internet sources. Why is plagiarism/collusion unfair to honest students How can computer spreadsheets (e.g. Excel) be pasted into a word document showing rows and column headings Demonstrate TWO different copy and paste methods. Paste two simple examples of each method in your assignment showing row and column headings, the normal view and the formula view.

Explain how is each relevant to accounting.Find online an Australian professional accounting organisation. Describe a resource within this website (apart from ABC Learning), relevant to this subject. Explain why you chose this resource.

Describe the computing environment in your current or previous workplace or home office; equipment, software, processes etc. Or answer this question in relation to a possible future workplace position.

Check the Internet for advice on business report structures.

  1. What are the major financial reports What is the purpose of each
    2. Briefly summarise the key lessons from the ABC Learning case study.
    3. Identify and discuss 3 ethical issues from the case study.

Answer:

Particulars Trial Balance Adjusted Trial Balance
Debit Debit
Cash   24,580   24,580 
Accounts Receivable  1,31,560   1,32,160 
Supplies  17,560   450 
Prepaid Insurance  3,456   3,056 
Equipment  3,47,000   3,47,000 
Drawings  28,900   28,900 
Service Revenue  3,056   3,056 
Depreciation Expense  3,056   2,860 
Wages Expense  1,65,900   1,66,400 
Insurance Expense  3,456   400 
Utilities Expense  14,580   14,580 
Supplies Expense  3,456   17,110 
TOTAL  7,33,536   7,37,496 
NET TOTAL  7,33,536   7,37,496 
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