Introduction to Financial Accounting

 

This assignment covers the following assessment criteria:
1.1 Discuss the key tasks performed by an accountant.
2.1 Use the principles of double entry book keeping to demonstrate the process of producing
ledger accounts.
3.1 Produce a trial balance from a given set of ledger accounts
3.2 Evaluate the process of the production of the trial balance and check it for accuracy.
4.1 Discuss the value of a profit and loss account and a balance sheet for a sole trader
4.2 Produce a profit and loss account for a sole trader with no errors present
4.3 Produce a balance sheet for a sole trader with no errors present