FNSACC301 Version 2.1 August 2017 Page 1 of 39 ASSESSMENT 1 Part - A (Project) STUDENT INFORMATION This information is to be handed to each student to outline the assessment requirements Students are required process the following business / financial records using either MYOB or QuickBooks. This task will require you to set any specific details within the program to reflect the business as required. Remember that you are a sign company, so it is important that your finished products a professionally presented! In the event that additional details are required, please talk with your assessor, who will provide them to you. Company Information Bi-Wize Signs Pty Ltd 44 Bourke Road Melbourne Victoria 3000 ABN: 15 225 889 987 ACN: 225 889 987 Telephone: 1300 558 877 Fax: 03 9887 7789 Email: [email protected] INVOICES JOB No: CUSTOMER JOB DETAILS 1 Big Boys Signs PO Box 444 Watsonia Vic 3087 Contact: Barry Burton Ph: 0411 489 998 Email: [email protected] Terms: 30 days 2 x 3M Gold Squeegees 4 Ltr Mark-Off Vinyl Remover 5 Mtr Avery 900 Cuper Cast Metallic Blue 2 x 2440x1220 3.3mm Coreflute 2 Signs U C Pty Ltd 99 Station Road, Kew Vic 3101 Contact: Robert Leigh Ph: 03 9447 7896 Email: [email protected] Terms: Due on delivery 4 x sharp point tweezers 1 x 1220mm roll application tape – medium tack 17 mtr black 3M Cast 7 Yr High Gloss Vinyl 610mm 15mt sapphire blue 510mm cast 7yr high gloss 3 New Image Signs 99 Station Road, Melbourne Vic 3000 Contact: Samantha Fleming Ph: 03 9009 4455 Email: [email protected] Terms: Due on delivery 45 Mtr Reflective Yellow (3290 series) 14 Mtr Avery Brushed Gold Polyester 4mt Avery Fluorescent Yellow You are to provide a copy of each invoice to your assessor.
FNSACC301 Version 2.1 August 2017 Page 2 of 39 Part - B (Practical Demonstration) Using the supplied Petty Cash Template, students are to record the provided Petty Cash Transactions, and ensure the balance is maintained at $200. This will require you to: Start with a $200 float Ensure the balance does not go below $30 Draw and record petty cash cheques at the appropriate time to ensure the balance does not go below $30 Identify any non-compliant receipts Your assessor will perform the role of your supervisor, and you are to direct any questions, concerns or queries to him / her. Assessment Summary Your assessor will observe you undertaking the above task You are to submit the Petty Cash Document on completion Part - C (Project) For this task, students are to batch the sales records in Appendix 1. Students are to follow banking procedure for cash & cheque purchases as required for Unique Office Supplies Inc. Students must: Batch the cash and cheques in Appendix 1 - 3 Ensure accuracy at all times Match the batch items to initial receipts records as listed in Appendix 1 - 3 Batching must be done using spreadsheets or appropriate accounting software.
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- Main Street, 1966, 1979, Days of the year, CASH RECEIPTS JOURNAL