Financial Accounting ScenarioFor the purpose of this assignment you have recently joined the Accounting Faculty at the local University. As part of the induction programme, all undergraduates complete a short course in the Foundations of Financial Accounting. You have been assigned the role of programme tutor. In preparation for the course, you need to prepare […]
Prepare final accounts for sole-traders, partnerships and limited companies in accordance with appropriate principles, conventions and standards
Refer to the criteria attached in files Learning Outcomes and Assessment Criteria Pass Merit Distinction LO1 Record business transactions using double entry book-keeping, and be able to extract a trial balance P1 Apply the double entry book-keeping system of debits and credits. Record sales and purchases transactions in a general ledger. P2 Produce a trial […]