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There is an assignment which I have been given from uni (UWS), the subject is financial accounting applications.
Task is to complete the accounting cycle of a business of it's one months transactions which includes following:
-5 weeks transactions to be journalized (general journal, general ledger, cash receipts journal, cash payments journal, sales journal, purchases journal, etc)
all transaction information is given in the online assignment.
- bank reconciliation
- end of month posting
- adjusting entries
- schedule of accounts
- closing entries
- post closing trial balance
- financial statements
all of the above tasks are listed in order and need to be completed online and submitted one by one.
all information on transactions are given in each section.