ASSESSMENT 2 - PROJECT STUDENT INFORMATION This information is to be handed to each student to outline
Question:
ASSESSMENT 2 - PROJECT STUDENT INFORMATION This information is to be handed to each student to outline the assessment requirements PART - A For this assessment, you are required to administer accounts payable for Patrick's Cod Fishing Ltd (Appendix 1-6). For this project you will required to undertake the following: Collect invoices and check for discrepancies for the month of October Investigate and rectify any identified discrepancies Obtain authority for payment according to company policy Draw up cheque requisition and gain authorisation Establish a general ledger and draw against this Demonstrate the correct account being debited in accordance with legislative and compliance requirements Prepare creditor cheques Reconcile the Bank Statement for October Details: Your instructor will play the part of Patrick hence direction should be sought as to what the set company policies and procedures are in regards to authorisation of payments. Students should use the list detailed in Appendix 4 for information regarding any cheques or payments made or received.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill