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Introduction Welcome to Perdisco's Manual Accounting Practice Set. This VirtualTutor practice set requires students to manually record and post a variety of business transactions through the completion of a one-month accounting cycle for a fictional technology boutique. What to expect Students will work on a business that is set up as a private non-listed company that uses the perpetual inventory system and is a registered entity for GST purposes. Students start by recording cash and credit transactions for the allocated business to general and special journals, posting them to general and subsidiary ledgers. At the end of an accounting period, the bank reconciliation statement and the accounting worksheet are prepared using the records of the business. Students then use the worksheet to complete the end of period adjustment process. Finally, students finish the accounting cycle by preparing a trial balance and constructing the financial statements. Completing the practice set The practice set provides each student with a unique accounting scenario containing a different company and algorithmically determined transactions. The activity continues over a number of web pages. Students will be required to submit each page before moving on to the next. Progress through the required pages is shown using a puzzle graphic at the top of each page. Once each page is submitted, the practice set provides immediate ongoing feedback on the students' performance and their progressive score to date. Our Back-on-Track functionality then prevents any errors made from being carried throughout the students' ongoing attempt. Student companion Please download and read the Student companion & helpful hints document. It describes what you will experience when you complete your practice set and provides helpful hints. Further assistance For technical assistance, please email
[email protected] and for help with the academic concepts covered, please contact your instructor. https://www.perdisco.com/downloads/studentCompanion.VTA3q.pdf mailto:
[email protected] Microsoft Word - ACC 201 - 3T2015 Tutorial Solution 02 ACCM 4000 _ Online Registration ACCM 4000 Accounting Principles 2017 Trimester 3 Online Practice Set Information Dear Students, You are required to complete an online practice set that will count towards the overall assessment mark for this course. By completing a one-month accounting cycle for a fictional business, you will gain experience in the practical and technical skills essential to accounting. The practice set provides each student with a unique accounting scenario and therefore must be completed on an individual basis. The practice set is a large activity, taking up to 20 study hours to complete over a number of days or weeks. Please ensure that you leave yourself enough time to complete this activity before its submission deadline. Answers to the practice set are submitted online. No other submission is required. However, it is possible to print each page of the practice set in order to work on it offline. As you submit each page of the practice set you will receive immediate performance feedback and your ongoing score. The online practice set is available from within your Perdisco account. To access the practice set, please: 1. Create an account at www.perdisco.com.au/login 2. Once registered, click ‘Add a product to my account’ 3. Select your course from the available options 4. Click ‘How do I pay?’ for the payment options available. Payment can be made by online credit card or PayPal. Payment instructions are provided after registration. When you login to your practice set, you will see a Student Companion and Helpful Hints document on your practice set home page. This document gives you information that will help you to successfully complete the practice set. In the interest of student access and equity, virtual ‘library copies’ of the practice set are provided through an Electronic Special Reserve (ESR) service on the Perdisco website. Like library books, ESR is limited by available hours and the number of simultaneous users. To access ESR, please create an account and add the practice set to it, then click ‘ESR login’. For more information, click ‘ESR info’ after registration. Tip for using ESR: avoid leaving your work to the last minute when demand for ESR copies of the practice set is likely to be high. Best Wishes Rajeev Arora
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