SITXFIN002 - Interpret Financial Informations - Accounting and Finance Assignment Help

Assignment Task:

Task:

Part 1: Practical
To complete this part of the assessment, you are required to read the scenario below, and then complete a series of tasks based on financial reporting. Your responses will be used as part of the overall evidence requirements of the unit. Once completed you are required to submit this assessment and the tasks and activities required to be completed to your assessor for marking.

Scenario:
You have recently commenced working at The Hospitality Co-Op. The General Manager has asked you to assist Allyson Robinson, Office Administrator, in preparing and interpreting financial reports. There is a backlog of work to catch up on, and as part of your role you need to ensure that all calculations and financial data are recorded correctly.
Financial Information for The Hospitality Co-Op relevant to this scenario is detailed in Appendix A and B. Use this information to assist your calculations.

Task 1: Tax Invoice
Complete the tax invoice on the template provided in Appendix C using the information below:
Mr Dom Johnston has made a reservation for his staff Christmas Party and is expecting 50 guests.
You had provided him with a quotation for the following items:
? Room Hire (exclusive access to the Entrée restaurant) @ $300.00 per day.
? Drinks Package (beer, wine and soft drinks) @ $30.00 per person.
? Canapés (assorted hot & cold options) @ $15.00 per person.
? Buffet Dinner @ $40.00 per person.
? Tea & Coffee @ $3.50 per person.
? Table Linen:
o Napkins @ $0.50 per person
o Tablecloths @ $5.00 per piece (tables are usually configured in 10’s).

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