COMR2008 - Principles of Accounting & Double Entry To Process Transactions - Accounting Assignment Help

        Assignment Task    

Learning Outcomes b) Explain the accounting cycle and apply double entry accounting principles to process transactions

c) Differentiate between periodic and perpetual inventory systems and apply appropriate accounting procedures
e) Prepare an accounting worksheet, Income Statement, Statement of Changes in Equity and Balance Sheet

Context:

You are required to complete an online practice set that will count towards the overall assessment mark for this course. By completing a one-month accounting cycle for a fictional business, you will gain experience in the practical and technical skills essential to accounting. The practice set provides each student with a unique accounting scenario and therefore must be completed on an individual basis.

The practice set is a large activity, taking up to 20 study hours to complete over a number of days or weeks. Please ensure that you leave yourself enough time to complete this activity before its submission deadline. Answers to the practice set are submitted online. No other submission is required. However, it is possible to print each page of the practice set in order to work on it offline. 

As you submit each page of the practice set you will receive immediate performance feedback and your ongoing score. The online practice set is available from
within your Perdisco account. To access the practice The 'Practice set (trial)' link on Perdisco will close at 11:59 PM (AEST).The trial practice set gives you the opportunity to practice before you complete the assessment. You have two attempts at the trial practice set. The trial practice set provides
everyone with the same numeric values and details.

The assessment version is unique to each person so you need to work through it yourself - your answers will be different to all other students' answers. The 'Practice set (assessment)' You have two attempts at the assessment practice set. You do not have to use the second attempt - it is up to you to decide if you would like to or not. Please note that a second attempt can only be made after you have completed your first practice set attempt. On the second attempt, you will receive a set of numeric values and details that is different to those that were in your first practice set attempt. Your highest score out of the two attempts will count towards your
final grade.

Getting started: 

1. Ask your lecturer for your unique Perdisco assignment code.
2. Follow the log on instructions provided on Blackboard to set up your Perdisco account
3. Commence your Trial version
4. Commence your Assessment

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