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01/23/2023
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Part A – Accounting and spreadsheet (60 marks)On 1 Oct 2018, Andrew Brown opened Nundle Services, a small business offering maintenance services in New South Wales. During the month of October, the business incurred the following transactions:2 Oct, Andrew invested $50,000 cash in the business, which is organised as a sole trader. 3 Oct, got a 5 year loan for $30,000 from the ANZ bank, interest is 5% pa. 4 Oct, purchased and paid for equipment worth $51,000. Monthly depreciation will be $850. 5 Oct, purchased supplies for $6,500 on credit. 8 Oct, paid Oct office rent of $7,200. 10 Oct, Brown withdrew $2,000 for personal purposes. 17 Oct, paid an invoice of $4,500 for advertising 25 Oct, paid one year of insurance for $5,600Additional information at 31 Oct:Supplies on hand was $3,100 Services revenue of $22,500 must be accrued Monthly payroll is $11,500 and paid once a month on Friday after the month ended. 31 Oct 2018 was on Wednesday. Some customers advanced $10,500 for maintenance services to be provided next month but this amount hasn’t been recorded.Requirements:Provide journal entries for all transactions that occurred during October 2018. (8 marks) Open T-accounts and post all journal entries to the T-accounts. Total all of the T-accounts to determine their balances at the end of the month. Provide your handwritten solution – scan or use your phone to copy and paste its image into your assignment. You can use a free scanning app such as Camscanner, OfficeLens, or Google Drive. (10 marks) Based on balances from the T-accounts, prepare the trial balance by using an Excel spreadsheet. Present your answers in a normal view, showing columns and rows. (4 marks) What are temporary and permanent accounts? From your trial balance, choose four permanent and four temporary accounts. (4 marks) From your trial balance, choose two accounts with normal debit balances and two accounts with normal credit balances. (2 marks) What are adjusting entries? Why do we have to do adjusting entries? Provide all adjusting entries for Nundle Services in October. (9 marks) Using your trial balance in the preceding question and Excel spreadsheet, prepare the ten column worksheet for the month ended 31 October. In the spreadsheet, you are required to have a data section separated from a report section. Use an IF function for Profit or Loss. Present your answers in both normal and formula views, showing columns and rows. (10 marks) Using the spreadsheet, prepare three financial reports. Present your answers in both normal and formula views. (9 marks) Calculate and evaluate the firm’s current and debt ratios. (4 marks)Part B – History of accounting (15 marks)“Double-entry bookkeeping developed by word of mouth and the distribution of books. Pacioli's book was the first on the subject and so it is no wonder that it became so widely known. The books on the subject which came after Pacioli's were essentially copies, translations or very similar in their origin and with a tendency to fit their material to the 'Method of Venice'” (Mann, 1994, p. 20).Write an essay (about 800 words) to discuss the above quotation in relation to the history of the development of accounting and the role of Pacioli's book (on double-entry bookkeeping).You are required to use at least two reading resources in Interact2 that relate to the history of accounting.Part C – Ethics (15 marks)Watch the video below:https:// the video, reading resources in Interact2 and other resources on the internet that relate to the case to write a business report (about 600 words) addressing the issues below:What is the case about? What are the five Fundamental Principles of Ethics in accounting? Describe them. Using the facts of the case to provide examples for each of the five principles In the case, which and how are the principles of ethics violated?You are required to use the format of a business report, and provide at least one reference from the readings in Interact2 and two references from the accounting resources on the Internet.Presentation – 10 marks You are required to provide a quality presentation the total assignment including referencing throughout and a bibliography. Details are listed under the presentation and spreadsheet Unlock the Answer at www.acehomeworktutors.com/order
Answered>Order 26930 – Ace Homework Tutors Answered>Order 26930- Ace Homework Tutors -Premium Online Homework Help and Tutoring Services
01/23/2023
write my assignment 29907
What are some of the unique strategic challenges thatChristian universities face?How has the unprecedented Covid-19 pandemic crisis impacted your life?Has it altered your perspective on day-to-day life? Family/Friends? Religion? Business? What will be the one thing you tell your grandchildren or future generations in 30 years? It should be 250-300 Words with all the references and need to respond for one of my classmates( Below) post.. Answer 1Every educational University has some of the rules and regulation which has to be obeyed by every student in it. Every University right from the religious Universities and to the Government Universities there are some strategies which have to be followed by the University which is why the Christian universities have some strategies which have to be followed by the University and some guidelines which are supposedly for the Welfare of the students who are studying in the university. there are many secular colleges who are offering some political correctness and tolerance to the students which are from various other religious and due to this, secularism is getting different from the belief of personal expression and the right to express personal religious and political beliefs. There are many Christian universities who provide Christian scholarship for the Christian students which make sure that the Christian student will come forward and dedicate their educational life in a University and with a right amount of scholarship and the right amount of education will make sure that achieve the expected education by the student. All these strategies are known by the universities all around assnd there are always some facilities which are provided for the Student Welfare and the strategies make sure that the university provide all the Comforts and requirements which student required in his educational life (Klett, 2018).Answer 2Covid-19 or coronavirus this has been a kind of virus which has made people's life if in a complete framing of health risk and economic depression. As this virus has no vaccination or there are very less amount of known cure for this virus it has been a tremendous problem and heat within the public which has made each and every person insecure for his life. Like every people the virus as the COVID-19 pandemic has some huge crisis in my life as it has impacted my life both positive as well as negative. Let’s see towards the positive impacts of the pandemic it has been a source by which has started knowing all the sanitizing processes which have to be used in normal life and to make sure that I make myself more immunized and increase my immunization power. The negative aspect of this pandemic is that people are losing their lives and the economy is completely following which is a crisis for each and every person in the country (Goyal et al, 2020).Answer 3Due to the COVID-19 in the Pandemic, it has changed many people's perspective to look around the daily life as people have learned to be independent and less socialized. Usually there were people whose social life was the first preference and due to which people valued the social gathering and social status due to the pandemic people has learned to live independently and to live a positive side even if they are alone. People are connected to family friends and religion which is a good thing as in the fast process of living daily life people have completely ignored all forgotten family life and close friends. It is also very clear that due to the pandemic business has started completely getting depleted and lacking around the potential profits to all the business owners (Goyal et al, 2020).Answer 4It is understood that the future generation will know about the pandemic which is why I will tell my grandchildren’s to never stop their living a positive life and always be encouraging the good cause around us (Goyal et al, 2020).ReferencesGoyal et al. (2020). Coronavirus: Faced with an unprecedented challenge, how is India faring? Retrieved from, https://economictimes.indiatimes.com/news/politics-and-nation/coronavirus-faced-with-an-unprecedented-challenge-how-is-india-faring/articleshow/74986805.cms?from=mdrKlett, L.M. (2018). 5 Top Challenges Facing Christian Higher Education Today. Retrieved from, https:// Please write one response to this post and make sure without plagiarism. Unlock the Answer at www.acehomeworktutors.com/order
Write My Assignment 29907 – Ace Homework Tutors What are some of the unique strategic challenges thatChristian universities face?How has the unprecedented Covid-19 pandemic crisis impacted your life?Has it altered your perspective on day-to-day life? Family/Friends? Religion? Business? What will be the one thing you tell your grandchildren or fut...
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