Justin's Gourmet Foods Pty Ltd A Manual Accounting Practice Set |
|
| Author:
| Bugeja, Martin |
| ISBN: | 978-1-74216-801-2 |
| Publication Date: | Feb 2010 |
| Publisher: | John Wiley & Sons, Incorporated
|
| Book Format: | Paperback |
| List Price: | USD $29.95 |
Book Description:
|
Justin's Gourmet Food Pty Ltd is intended for students studyingintroductory accounting and can be used with any introductorytextbook. An advantage of this practice set over many others isthat revenue and expense accounts have not been closed at the endof the previous month, therefore providing students with a morerealistic scenario. This practice set provides students with theunadjusted trial balance at the end of May and requires students torecord typical transactions for a retail...
More DescriptionJustin's Gourmet Food Pty Ltd is intended for students studyingintroductory accounting and can be used with any introductorytextbook. An advantage of this practice set over many others isthat revenue and expense accounts have not been closed at the endof the previous month, therefore providing students with a morerealistic scenario. This practice set provides students with theunadjusted trial balance at the end of May and requires students torecord typical transactions for a retail business for the lastmonth of the financial year. Once these transactions have beenrecorded and posted students are required to complete theaccounting cycle by journalising and posting adjusting and closingentries and preparing financial statements.
Students that complete this practice set should develop the skillsnecessary to keep a set of manual accounting records and understandthe steps required to complete the accounting cycle.