ACC5FAS - Trial Balance - Journal - Profit and Loss - Balance Sheet - Accounting and Finance Report Assessment Answer

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ACC5FAS - Accounting and Finance Report Assessment Answer
Assessment Task:

Task Overview

The company for which you will be working in this assignment distributes, sell and repairs toys for kids. You will be recording transactions for the month of September 2019.

The assignment contains five separate sections, one for each week of September. You should work through these sections sequentially. Once you have completed all the exercises you should prepare the requirements listed on page 12. Finally, you are required to submit your assignment files and reports via the assignment submission box on LMS.

 

Questions

1. A Trial Balance report dated 29th September 2019. This is your ‘unadjusted’ Trial Balance. Use the older version of the Trial Balance. 

2. A Journal Report for 30th September 2019. An example from Demo Company is shown below. 

3. A Profit and Loss report for the period 1st September 2019 to 30 th September 2019. Use the older version of the Profit and Loss. 

4. A Balance Sheet report as at 30th September 2019. Use the older version of the Balance Sheet. 

5. A professionally presented short written business report designed for an internal user of the accounting information. 

 

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