ACC201 Financial Accounting Assessment 3
Hello, dear friend, you can consult us at any time if you have any questions, add WeChat: daixieit
ACC201 Financial Accounting
Assessment 3 Information
Assessment Description
You are required to record transactions for a fictitious business for one month and prepare the necessary reports.
Assessment Task
Enter all the transactions on Xero for one month for a fictitious business: Happy Café. You must carefully read the case study documents available on MyKBS and follow all the instructions. You must also watch the videos provided. Once you have entered all the transactions, you must prepare the following reports and submit a PDF copy on MyKBS (via Turnitin).
§ Accounts Transactions Report for July 2022
§ Trial balance as of 31 July 2022
§ Profit and Loss Statement for the month ending July 2022
§ Balance Sheet as of 31 July 2022
§ Common-size Profit and Loss Statement for the month ending July 2022
§ Common-size Balance Sheet as of 31 July 2022
§ Screenshot of the assurance dashboard
Getting started:
· You must create a free trial account on Xero (Sign up for free trial | Xero AU) and send an invite to [email protected] to activate your subscription. If you do not send this invite, your Xero subscription will expire in 30 days, and you not be able to enter any transactions on Xero. You are also at risk of losing all your data that might have already been entered on Xero.
· You must attend the Xero workshop in Week 6. Your facilitator will explain the essential requirements of this assessment and highlight the pitfalls to avoid.
Important Study Information
Academic Integrity Policy
KBS values academic integrity. Students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy.
· What are academic integrity and misconduct?
· What are the penalties for academic misconduct?
· What are the late penalties?
· How can I appeal my grade?
Click here for answers to these questions: http://www.kbs.edu.au/current-students/student-policies/
Word Limits for Written Assessments
Submissions that exceed the word limit by more than 10% will cease to be marked from the point at which that limit is exceeded.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page https://elearning.kbs.edu.au/course/view.php?id=1481
2022-10-13