Cash flows statement , Cost Accounting

You have recently graduated from VU and are now working for a small accounting firm. The firm recently purchases MYOB software for internal use. Upon learning that you had learnt MYOB as part of your study, the firm's partner asks you to set up and process a number of transactions into relevant accounts.

Required

1. Set up the firm on MYOB using your name and student ID.

2. The financial year must be 1 January 2010 to 31 December 2010

3. Process the transactions listed in appendix 1 into relevant accounts.

4. Print out and submit the income statement, balance sheet, cash flows statement and the trial balance for the year ending 31 December 2010 as per appendix 2.

Posted Date: 3/9/2013 12:53:30 AM | Location : United States







Related Discussions:- Cash flows statement , Assignment Help, Ask Question on Cash flows statement , Get Answer, Expert's Help, Cash flows statement Discussions

Write discussion on Cash flows statement
Your posts are moderated
Related Questions
A company manufactures two products, Product A manufactured in Process Y and Product B manufactured in Process Z. The following information is available for a period:

In January 2012, the management of Stefan Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the fol

LaNora White received her accounting degree in 1992. Since graduating, she has obtained significant experience in a variety of job settings. Her skills include auditing, income and

Calculate the rate of learning at which the initial production phase profit target would be achieved, assuming no other cost savings can be made.   Assuming no other cost savi

what is overhead cost classfication of cost overhead

Samuel Construction Company engaged in a contract to construct a building on 1 July 2011 with completion of the contract by the 30 June 2014.  The contract price amounted to a tota

Year Ending April 2009, 2009 April 30, 2008 Net Sales $10,148,082 $10,070,778 Accs Receivable 1,171,797 1,161,481 Assume that the accounts receivable (in thousands) were $996,852 a

Labour Costs and Overhead costs Labour Costs Labour costs can be indirect or direct labour costs. Direct labour cost refers to wages paid to workers who such are directly

Describe the meaning of the fixed production overhead variances calculated under the standard absorption costing system and talk about their usefulness to the management of X Ltd.

Hale Company makes sets of wrenches. They are trying to decide whether to continue to make the case the wrenches are sold in, or to outsource it to another company. The direct mate