Boab Art Gallery A Computerised Accounting Practice |
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| Author:
| Pabst, Wendy
Perrin, Brian |
| ISBN: | 978-0-7303-0240-7 |
| Publication Date: | Jun 2011 |
| Publisher: | John Wiley & Sons Australia, Limited
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| Book Format: | Paperback |
| List Price: | AUD $45.95 |
Book Description:
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Boab Art Gallery is a computerised practice set using MYOBAccountRight Plus V19. This practice set is designed to givestudents experience in recording a variety of business transactionscommon to small businesses so that they will gain an understandingof a computerised accounting system, how it operates, how to set upa data file and enter opening balances, how to record transactions,and how to produce useful reports. This 'hands-on'methodology reinforces the students'...
More Description Boab Art Gallery is a computerised practice set using MYOBAccountRight Plus V19. This practice set is designed to givestudents experience in recording a variety of business transactionscommon to small businesses so that they will gain an understandingof a computerised accounting system, how it operates, how to set upa data file and enter opening balances, how to record transactions,and how to produce useful reports. This 'hands-on'methodology reinforces the students' understanding of accountingfundamentals typically encountered in practice, and is therefore,suitable for students undertaking a course in accounting orcomputer-based accounting information systems.
Completion of the practice set for a one-month period, shouldensure a greater appreciation of the following:
- the steps in a typical accounting cycle for a smallbusiness
- the use of subsidiary ledgers
- the perpetual inventory system
- balance day adjustments
- the bank account reconciliation
- how the accounting cycle culminates in the preparation offinancial statements
- how GST is recorded and the effect it has on transactions.