Process financial transactions and extract interim reports

Assignment Help Financial Accounting
Reference no: EM131527536

Assessment Information

This assessment tool is designed to gather evidence on your knowledge as well as abilities to prepare and process routine financial documents, prepare journal entries, post journals to ledgers, prepare banking and reconcile financial receipts, and extract a trial balance and interim reports. Your Trainer/Assessor will go through the unit of competency at the very beginning of this unit explaining each element, performance criteria, foundation skill, performance evidence, and knowledge evidence that you will be assessed on via this assessment tool.

You can find more information at https://training.gov.au/Training/Details/FNSACC301

This assessment has two parts:

- Assessment Activity 1 -Case study

- Assessment Activity 2 - Question answers

In order to be deemed competent in this unit you must obtain satisfactory outcome in each part of this assessment.

Guide for Preparing and Submitting Assessment

Preparation

- Read each task carefully, to make sure you know what is expected of you. Check whether the task has multiple parts, and make sure you answer all parts.
- Answer all the required task in the sequence as provided
- Research widely and use a variety of reputable sources. Use class notes and discuss with your trainer
- Remember to observe the principles of academic honesty, as we do check assessments for plagiarism.

Writing and Submitting the Assessment
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- Give a title to your assessment and use headings and subheadings when appropriate.
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- Course Code, Course Name
- Unit Code, Unit Name
- Date of Submission
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Verified Expert

The assignment was related to fundamentals of accounting i.e.identifying,recording & presentation of financial transactions.The second part was relates to preparation of invoice,what you need to prepare the invoice and about the banking transaction performed at workplace i.e. vaildation of a cheque,deposit facility in bank,safe transportation of cash to bank.

Reference no: EM131527536

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Reviews

inf1527536

7/24/2017 6:00:13 AM

It is great work done in an opportune manner, the organization has been proficient. Those will be my last musings to rehash for any concerned gathering, and that is truth. Great job

inf1527536

7/24/2017 5:59:26 AM

You need any help from me? I don't know any missing opening balance. That's all what i received from college. If u did not find opening balance just leave that opening Balance column empty and write a note.And please do the left questions.

Write a Review

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