bsbf1a401a_wk2.doc - BSBFIA401A Prepare financial reports...

This preview shows page 1 - 2 out of 9 pages.

Assessment Task 2 BSBFIA401A - Prepare financial reports BSBFIA401A - Prepare financial reports Assessment Task 2 Submission details Candidate’s Name Phone No. Assessor’s Name Phone No. Assessment Site Assessment Date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective 1. Prepare the final Revenue statement. 2. Prepare the final Balance Sheet after day adjustments. 3. Apply general ledger for accrual account. 4. Apply prepaid account to the general ledger and in final financial statement. 5. Complete assets register. 6. Calculation of Deprecation according to organization policy. 7. Complete disposal asset transaction. Assessment description Question one: You are require to complete the Financial Statement for the year ended at 30 June 2009 and the Wages Expense account would appear in the General Ledger after adjustment made.. Question two: You are required to give an explanation on prepayment account, to complete the General Journal entries and to record the balance day adjustment related to insurance for the year ending 30 June 2008. Question three: You are required to complete two sperate asset registers for asset T1 and S1, perform calculation of deprecations according to organization policy and analysis the disposal of these two assets. Procedure Using the information below, you are required to complete question one, two and three.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture