MAA261-Manual processing Analyses - Accounting & Finance Assignment Help

Assignment Task

Task 

Description and Requirements

This assessment task is designed to test your understanding of the accounting principles required to record various accounting transactions including tracking inventory through an inventory stock card and balance day adjustments. You first need to generate your own assignment based on your Student ID. Navigate to the MAA261 Unit site ? Content ? Assessment Resources ? Assignment 2 and download/save the following file: MAA261 T1 2022 Assignment 2.xlsx

Please make sure you use Microsoft Office Excel 3651 to complete the assignment.
Open the MAA261 T1 2022 Assignment 2.xlsx file and navigate to the “Student details” tab.
Fill in your Student ID2, first and last name. Navigate to the “Case” tab for case details including business’s opening balances, transactions for the month and additional information. In the “Stockcard & General Journal” tab, you are required to (this is what you will be marked on):

1. Prepare the stock card for the month. The stock card will help you calculate Cost of Goods Sold and any inventory loss/gain that you need when recording transactions for the month

2. Record transactions in the general journal for the month (narrations are not required) including opening balances and balance day adjustments

Note that each student generates an assignment with a unique set of values. Assignment 2 is expected to take substantial time to complete and directly helps you prepare for the exam as you practice many of the tasks you could be asked to do in the exam, such as preparing general journal entries and maintaining inventory records.

Learning Outcomes
This task allows you to demonstrate achievement towards the unit learning outcomes. The ULOs are aligned with specific graduate learning outcomes – that is, the skills and knowledge graduates are expected to have upon completion of their studies – and this assessment task is an important tool in determining achievement of those outcomes.
If you do not demonstrate achievement of the unit learning outcomes, you will not be successful in this unit. It is good practice to familiarise yourself with the ULOs and GLOs as they provide guidance on the knowledge, understanding and skills you’re expected to demonstrate upon completion of the unit. In this way they can be used to guide your study.

Unit Learning Outcomes (ULO)
LO1- Apply International Financial Reporting Standards (IFRSs) or equivalent Australian accounting standards (AASB) to record or critically analyse complex transactions and other events. 
LO2- Apply professional judgement to evaluate the accounting policies used to prepare financial statements.
LO3- Prepare general purpose financial statements and related disclosures in accordance with IFRSs or other relevant national standards (AASB), and critically analyse and interpret the information.

This MAA261-Accounting & Finance Assignment has been solved by our Accounting & Finance Expert at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing Style. Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. 

You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turn tin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.