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Assignment Activity 2 1) Explain the differences between Accrual accounting and cash acco 2) In your own words explain the following terms Current assets Non-current

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Assignment Activity 2 1) Explain the differences between Accrual accounting and cash acco 2) In your own words explain the following terms Current assets Non-current assets Bank reconciliations Cash flow Profit and loss statement Gross profit GST Assignment Activity 3 Sanaya has been Manager at Brisbane Tandoori Palace since April 1 look at the average cheque for each month and explain the results in terms of a K Monthly Sales Covers per month A January $212, 458 10 600 February $252, 636 12 955 March $192, 789 9 760 April $258, 333 11 234

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