Assessment Item 1Value:20%Due date:12-Dec-2017Return date:08-Jan-2018Submission method optionsAlternative submission method Task Assignment task No. 1 Provide APA references for each question and...

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Assessment Item 1Value:20%Due date:12-Dec-2017Return date:08-Jan-2018Submission method optionsAlternative submission method
Task

Assignment task No. 1

Provide APA references for each question and provide a Bibliography/ Reading List of all references at the end of your assignment.

Q1Plagiarism (2 marks)
Define plagiarism? Why is plagiarism/collusion unfair to honest students? Reference Internet sources.

Q2Pasting spreadsheets in doc files (2 marks)
Use Greenshotgetgreenshot.org/to copy and paste in a Word file, a simple normal view of a spreadsheet showing row and column headings. Also use Greenshot to paste a formula views, Describe ONE other method to paste a spreadsheet in a Word file. Refer to the Spreadsheet Advice PDF for examples.

Q3Accounting resources on the Internet (2 marks)
List four web sites relevant to accounting together with their URLs.Explainhow is each relevant to accounting.

Q4Professional accounting bodies (2 marks)
Find online an Australian professional accounting organisation. Describe a resource within this website (apart from ABC Learning), potentially relevant to your study of accounting. Explain why you chose this resource.

Q5Work Integrated Assessment (5 marks)(about 300 words). Describe the computing environment in your current or previous workplace or home office; equipment, software, processes etc. Or answer this question in relation to a possible future workplace position.

The above five questions are designed to assess your ability to use and evaluate digital resources for accounting and can be answered from any source including the computer sections of magazines and newspapers or by access to the Internet. If using the Internet include the URL reference.

Q6ABC Learning and ethics - ABC Learning Case Study (10 marks)
Watch the six CPA ABC Learning movies.

www.cpaaustralia.com.au/professional-resources/education/abc-learning-collapse-case-study

Or

www.youtube.com/watch

Prepare abusiness reportcovering the following (about 500 words)

1.What went wrong at ABC Learning?
2.What are the major financial reports? What is the purpose of each?
3.Identify 3 ethical issues from the case study.

Q7PALER (12 marks)

Spreadsheet - check the assignment and spreadsheet requirements.

A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.

B. Create a spreadsheet solution.

Q8Balance Sheet Equation (10 marks)

A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.

B. Spreadsheet required. Note that Interact2 resources including the Spreadsheet Advice PDF and the worksheet video may assist in completing this assignment question.

In this case, the Report section will look just like the data section but will contain only formulas. In some cases, the cells in the report will be, for example =D8. The yellow highlighted cells will contain the answers.

C.For each number calculated, briefly explain how you derived the answer.

Q9Debit and credit balances (4 marks)
List two accounts with normal debit balances. List two accounts with normal credit balances.

Q10Trial balance (8 marks)

A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.
B. Create a spreadsheet solution. Paste normal and formula views.
C. Change 2 numbers such that the trial balance still balances. Paste this new normal view. There should be no need to paste a new formula view. Ensure that you choose the 2 changes yourself. Highlight the data changes with the yellow highlighter in Excel.

Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment.


Q11Crossword (5 marks)
See page 92 and 93 of your text. Create your own simple crossword using at least 5 accounting terms andclues. Hint: there are free crossword creation apps online. Make two copies of your crossword - one blank and one completed.

Q12Types of adjusting entries (4 marks)
List two types of period end adjusting entries and give journal entries examples of each.

Q13Current and non-current assets (2 marks)
Distinguish between current and non-current assets. Give two examples of each.

Q14Ratios (2 marks)
Explain the current ratio and the debt ratio. Create your own numerical examples.

Q15Worksheet and financial reports (20 marks)
Note that Interact2 resources including the Spreadsheet Advice PDF and the Foot worksheet video may assist in completing this assignment.
A. Create a manual, handwritten solution. Scan or use your phone to copy and paste an image in your assignment. If using a smart phone, consider using a free scanning app such as Camscanner, Office Lens or Google Drive or search for an app. Let us know which app you chose.

B. Spreadsheet. Add a ten column worksheet beneath the following data. Below that report, create thethree financial reports. Paste the normal and formula view.

B. In a second version, make four changes to the data such that a loss is reported. Paste the second normal view.

Quality of presentation of the total assignment including referencing throughout and bibliography 10 marks.

Rationale

Task 1 covers study schedule weeks 1-4 inclusive and includes the application of conceptual and technical aspects of accounting and the preparation of business financial statements, the appraisal of the use of information technology including spreadsheet software and the evaluation of the Internet as a professional resource and to demonstrate business communication skills including report writing.

In today’s business environment we need verbal skills, writing skills, numeracy skills AND digital literacy skills. All of these skills are assessed throughout this subject. The early questions in this assignment are designed to assess your digital literacy in a business/accounting environment. It is suggested that you attempt the assignment questions week by week.

This assignment task is designed to give you an opportunity to demonstrate knowledge and skills in aspects of accounting and information systems including technical issues as well as concepts such as the accounting equations, cash and accrual accounting, current and non-current assets and liabilities, trial balance, worksheets, income statement, statement of owner’s equity, balance sheets and the application of spreadsheet software to the presentation and solution of accounting problems.
In this assignment task, you are required to complete all questions and submit all necessary workings. A list of references is required at the end of your assignment as well as references throughout your assignment. The assignments in this subject are designed to assess your application of knowledge and skills.

Assignment questions include problems, discussion questions, spreadsheets and questions related to use and evaluation of digital resources. The assignment questions are structured so as to simulate a pattern of weekly learning. Students are encouraged to attempt this subject by studying on a regular (weekly) basis. The nature of the understanding and skills required means it is unwise to leave study until the last minute. Note the special requirements for the spreadsheet sections of your assignment detailed in the Spreadsheet Advice in Interact2.

The final examination in this subject will include questions assessing similar knowledge application, understanding and skills as the assignment work.

Answered Same DayDec 06, 2019

Answer To : Assessment Item 1Value:20%Due date:12-Dec-2017Return date:08-Jan-2018Submission method...

David answered on Dec 25 2019
65 Votes
Accounting - Others
    
Solution 1
Plagiarism is like an action or movement in which the efforts of a person is used by the other person i.e the original material of the one person is used by the other personand it shows as a real work done by himself. It is a violation of the copyright. And it is a crime in the eyes of law. The students used the material of the authors from the different sources and use the material in their assignments
. The honest students complete the assignments with the limited resources and use their knowledge to complete their assignment and so much time of the students is consumed because of the assignments. The students who use the material of the other authors completed their assignments in a short period of time. In some cases, the copied data is matched with an original data and the students have to complete the whole assignments and the penalty is also be paid by them.
Solution. 2
All the data maintain in the excel sheet is known as Spreadsheet. The data maintain in the Excel can be copied to word file in various ways. One of the simplest technique to paste the data of excel file into word file is direct paste. The data which need to be copy from the spreadsheet is need to be selected. First you have to select the whole data which is to be paste in the word file.The command to select the whole data is CTRL + A. After selecting the whole data it will be copied. The command to copy the data is CTRL + C. To paste the data in the word file you have to go to the word file and perform the next command which is CTRL + V. It is one of the simplest methods to paste the data of the spreadsheet in the word file.
Another technique to paste the data of the spreadsheet into the Word is to take the screenshot of the data from the excel file. First you have to open snipping tool and select the data which you need to paste in the excel file. The selected data in the snipping tool is need to be pasted on the word file and the screenshot of the excel file will show in the word file.
The Screenshot of how to paste data in the word from the Excel is as follows:
CTRL + A and CTRL + C
CTRL + V
Solution 3
1. Australian Accounting Standard Board (IASB) : Every country has a board who prepares the accounting standards which helps the company. The website of this board has the material and information in relation to the accounting country in Australia. Accounting Standards are those standards which are used to make the financial statements. Guidelines to present and make the financial statement is described in the Accountitng standards.Web link -http:
www.aasb.gov.au
2. Grumpy Old Accountant: This website provides the details about the financial details of the companies all over the world. It is very beneficial to the investors who are seeking to invest in the company which give them maximum return. Web Link: http:
grumpyoldaccountants.com
3. Morning Star: This website provides the financial information of the multinational companies operating all over the world. It is used by the investors to find the return of the companies and analyze the past data of the companies.DataWeb link - http:
www.morningstar.com
4. ZOHO: On this website, you can find the accounting information. It also helps in presenting the data in the graphical form. Online accounting can be done from this website. Data Web Link- https:
www.zoho.com
Solution 4
In every country various professional accounting bodies are established. Professional accounting bodies are responsible to regulate the accounting standards and other guidelines in the country. Association of chartered certified accountants is one of the institutions established in Australia to provide the professional education. This institute is founded in 1904, and it offers the chartered certified accountant qualification globally. This body is responsible to make the accounting and auditing standards in the Australia. And provide guidelines to these standards.
The major motive of this body is to give more chartered accountants to improve the accounting system in Australia.
Solution 5
Every Organization used some kind of software to maintain its data and keep the data up to date. In many organizations, ERP software is used to maintain and enhance the capability of the company. ERP Software has many types and the company has to decide which type of software fulfills the requirements of the...
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