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Banking summaries Business Activity Statements Cheque books Credit card transaction statements Journal entries Labour and wages reports Merchant statements Merchant summaries Transaction reports. QUESTION 5

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Banking summaries Business Activity Statements Cheque books Credit card transaction statements Journal entries Labour and wages reports Merchant statements Merchant summaries Transaction reports. QUESTION 5 What are the requirements for a tax invoice in Australia? QUESTION 6 Research three common accounting software applications that small businesses use and summarise their functions and features. QUESTION 7 Describe three techniques commonly used for making estimates of expense budgets. QUESTION 8 Identify and outline the steps in the accounting cycle. QUESTION 9 Give three examples of negative changes in the internal organisational environment which may have to be taken into account when reviewing budgets with a view to making necessary changes QUESTION 10 Budget formats can vary between organisations and accounting programs: list two ways a negative situation can be indicated in figures on a budget

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