Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am needing help with the below portfolio question of BSBFIA401: Tasks - Registers, Schedules and Reports A detailed asset register and depreciation schedule which

I am needing help with the below portfolio question of BSBFIA401:

Tasks - Registers, Schedules and Reports

  1. A detailed asset register and depreciation schedule which includes:
    1. Property, plant and equipment from fixed asset transactions
  2. Copies of legers that you have recorded entries for balance day adjustments including:
    1. Recording depreciation of non-current assets and disposal of fixed assets
    2. Adjusting expense accounts and revenue accounts for prepayments and accruals
    3. Recording bad and doubtful debts
    4. Adjusting ledger accounts for inventories, if required, and transferring to final accounts
    5. Prepare final general ledger accounts to reflect gross and net profits for reporting period
  3. Financial reports as follows:
    1. Revenue statement
    2. Balance sheets

I am not sure what I have to submit for this task of BSBFIA401?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comprehensive Assurance & Systems Tool An Integrated Practice Set

Authors: Laura R Ingraham, J Greg Jenkins

3rd Edition

0133251969, 9780133251968

More Books

Students also viewed these Accounting questions

Question

please dont use chat gpt or other AI 8 0 5 . .

Answered: 1 week ago

Question

The role of life: It consists of your own service to yourself.

Answered: 1 week ago