ACC 1100: Introduction to Financial Accounting
Semester 1 2016
Custom text (Carlon et al) questions
Solutions
Tutorial 5: Balance Day Adjustments
References:
Text: Carlon et al Chapters 3, 7 pp 428-435, and 8 pp 483-490
Work Requirements:
Chapter 3
Questi
Question 1
You own and run a high quality French restaurant in the central district of Melbourne. You
have received a number of offers from potential buyers but are not sure of the price you want
to sell for.
The real estate value of your business, includ
Report on Pinebark Landscaping Services for the month of June.
Prepared for: Ms. R Pine
Prepared by: Zhuang, zheying
Key data:
Income from rubbish
removal $3,274
Loss $379
Current ratio 9.72
Income from Garden
maintenance $3,530
Change in equity $87,620
A
ACC1100/ACF1100
Introduction to Financial Accounting
Lecture Week 2
The Recording Process
Reference: Financial Accounting:
Reporting, Analysis and Decision Making (5th Edition)
Carlon et al. (2016) Chapter 2
Copyright Warning
This material has been reprod
ACC 1100: Introduction to Financial Accounting
Semester 1 2016
Custom text (Carlon et al) questions
And
Additional tutorial problems
Solutions
Tutorial 6: Completing the Accounting Cycle
References:
Text: Carlon et al Chapter 3 pp178-183 and pp 187-188
Wo
ACC 1100: Introduction to Financial Accounting
Semester 2 2016
Custom text (Carlon et al) questions
And
Additional tutorial problems
Solutions
Tutorial 6: Completing the Accounting Cycle
References:
Text: Carlon et al Chapter 3 pp178-183 and pp 187-188
Wo
(L02) 3. Which of the following items does not result
(L03)
(L03)
(L04)
(L04)
(L04)
in an adjustment in the Inventory account
under a perpetual system?
(a) A purchase of inventory. .
(b) A return of inventory to the supplier.
(c) Payment of freight costs
ACC 1100: Introduction to Financial Accounting
Semester 1 2016
Custom text (Carlon et al) questions
And
Additional tutorial problems
Solutions
Tutorial 7: Special Journals and Internal Controls
References:
Text: Carlon et al Chapters 6 and 7
Work Requirem
(LOB) 22. Valuing assets attheir market value
rather than at their cost is inconsistent
t with the:
(a) accounting period concept.
(1) accounting entity concept.
(c) cost principle. I
(d) All of the above.
23. Which is not an indicator of proﬁtability?
(a
TUTORIAL PROGRAM
WEEK
BEGINNING
TOPIC / ACTIVITY
Introduction to ACC1100/ACF1100.
1
2
3
4
th
29 Feb
Tutorial 1
7th March
Tutorial 2
Introduction to
Accounting and
Conceptual
Framework
Students will be placed into groups in Tutorial 1. Students will
work i
(L08)
9. €3——-——-—3 A trial balance:
(a) is a list of accounts with their balances at a
given time.
(b) proves the accuracy of all journalised
transactions in the ledger.
(c) will not balance if a correct journal entry is
posted twice.
(d) proves that all
1
Pre Class Video
Confidence Interval
Interpretation
ETF1100
Business
Statistics
2
Formula for Confidence Interval for Population Mean
(Valid when the population variance is known and infinite population.)
In general, we define the (1-)x100% confidence i
1
ETF1100
Business
Statistics
2
What You Need for Today
In Excel, make sure you have loaded the following Add-In:
Data Analysis Tool Pack if you are using a PC
OR,
StatPlus if you are using a Mac.
You will need this in order to access the Regression A
ECF1100: Microeconomics
Lecture 8
Firms in Competitive Markets
ECF1100
Lecture 8
1
Outline
A general rule for profit maximisation
Market structure overview
Profit maximisation for a competitive firm
Short run profit maximisation and the
competitive firms
Global
Microfinance
Case
Competition
REGISTRATION
NOW OPEN!
CASE RELEASE
DATE
WED AUG 3
Got an itch for social impact? A knack for
business? Interested in the practical
financial solutions that can empower
livelihoods around the world?
Monash SEED prese
1
ETF1100
Business
Statistics
2
INFERENCE I:
Interactive
Lecture Six
Please remember to bring Statistical Tables to this Lecture
Confidence Interval Estimation
Mean
Proportion
1
3
Confidence Intervals known
Confidence
Intervals
Population
Mean
known
Popu
1
Pre Class Video
The Normal
Distribution
ETF1100
Business
Statistics
2
PROBABILITY II:
Please bring Statistical tables to Interactive
Lectures
Probability Distribution Continuous
The Normal Distribution
1
3
The Normal Distribution
Most important probabi
1
ETF1100
Business
Statistics
2
PROBABILITY II:
Interactive
Lecture Four
Please bring Statistical tables to this
lecture
Probability Distribution Continuous
The Normal Distribution
Standardising
Finding Probabilities the general procedure
Unstandardis
ACC 1100: Introduction to Financial Accounting
Semester 2 2016
Custom text (Carlon et al) questions
Solutions
Tutorial 3: The Recording Process
Reference:
Text: Carlon et al Chapter 2
Work requirements:
Chapter 2
Questions 1, 3, 4 and 6
BE2.1 and 2.7
E 2.
Week 5 TUTORIAL QUESTIONS/EXERCISES SOLUTIONS
Week 5 Prepare Before Tutorial Exercises SOLUTIONS
Question 1
(a) Enter the opening balances and above transactions in the ledgers below for Amys Advanced
Trees using the perpetual inventory method.
Balance
Sa
ACF1121 Topic 5
Issues related to
Inventory
Readings:
Ch 5 p.274-283 and 287-293
Topic 5 objectives
At the end of this topic you should be able to:Identify issues arising from the application of AASB102
to the recording and reporting of inventory includin
Unit Guide
ECF1200
Macroeconomics
Semester 2, 2017
Handbook link:
http:/monash.edu.au/pubs/2017handbooks/units/ECF1200.html
The information contained in this unit guide is correct at time of publication. The University has the
right to change any of the
Unit Guide
ECF2550
Business in Asia
Semester 2, 2017
Handbook link:
http:/monash.edu.au/pubs/2017handbooks/units/ECF2550.html
The information contained in this unit guide is correct at time of publication. The University has the
right to change any of th
Article 1 Summary
Companies tax avoidance deals to be ruled illegal
Bowers (2015) states that Starbucks and Fiat Chrysler face multimillion euro repayment
bills after ECs 15-month investigation. Rules on Amazon and Apple will follow.
Bowers (2015) indicat