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BAO5543 Accounting Systems and Processes

Published : 20-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 Formula views 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.

List five web sites relevant to accounting together with their URLs. 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.

The above five questions are designed to assess your ability to use and evaluate digital resources for accounting and can be answered from any source including the computer sections of magazines and newspapers or by access to the Internet. If using the Internet include the URL reference. For the purposes of this subject we do not require the date of access of the URL. Use APA referencing.

  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.
  4. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
  5. Create a spreadsheet solution. In this case, the Report section will look just like the data section but will contain only formulas. In some cases, the cells in the report will be, for example =D8. The yellow highlighted cells will contain the answers. See the Spreadsheet Advice PDF in Interact2 Resources.
  6. Create a manual solution using pen and paper. Scan or take a photo with your mobile phone and paste in your assignment.  If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
  7. Create a spreadsheet solution. Paste normal and formula views.
  8. Change 3 numbers such that the trial balance still balances. Paste this new normal view. There should be no need to paste a new formula view. Ensure that you choose the 3 changes yourself. Highlight the data changes with the yellow highlighter in Excel.Explain the current ratio. Create your own numerical example.
  9. Create a manual solution using pen and paper. Scan or take a photo with your mobile phone and paste in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose. Add a ten column worksheet beneath the following data. Below that report, create the three financial reports
  10. Create a spreadsheet solution. Paste normal and formula views.
  11. In a second spreadsheet, make three changes to the data such that a loss is reported. Paste the second normal view.

Answer:

Particulars Trial Balance Balance Sheet
Debit Debit
Cash   54,670   54,670 
Accounts Receivable  95,000   95,600 
Supplies  17,560   450 
Prepaid Insurance  3,456   3,056 
Equipment  3,47,000   3,47,000 
TOTAL  7,57,146   5,29,676 
NET TOTAL  7,57,146   5,29,676 
Particulars Trial Balance Balance Sheet
Debit Debit
Cash   54,670   54,670 
Accounts Receivable  95,000   95,600 
Supplies  17,560   450 
Prepaid Insurance  3,456   3,056 
Equipment  3,47,000   3,47,000 
TOTAL  7,57,146   5,29,676 
NET TOTAL  7,57,146   5,29,676 
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