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Assignment 1

ACFI1001 assignment 1

University of Newcastle

University of Newcastle
  • Faculty of Business and Law
  • Newcastle Business School
  • ACFI1001 - Accounting for Decision Makers

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ACFI1001 Accounting for Decision Makers Assignment 1 Question 2: 1. Accounting worksheet for RM Ltd. for the month of January 2008. Date Jan 08 1 2 3 4 5 6 7 8 9 10 11 12 13 Subtotals Totals Cash 15 000 -2 000 -500 1 000 -200 150 750 1 500 -500 -250 -100 -500 13 200 -750 100 -500 -250 -100 250 150 23 600 10 000 7 650 14 800 23 600 -500 1 150 -100 1 500 150 -200 Accounts Receivable Equipment Vehicle Accounts Payable 8 000 Capital 15 000 Profit and Loss 10 000 -500 1 000 2. a) Income Stat...


Resource Topics

  • Accountancy
  • Accounts receivable
  • Asset
  • Balance sheet
  • Business
  • Chart of accounts
  • Expense
  • Finance
  • Generally Accepted Accounting Principles
  • Historical cost
  • Liability
  • Ownership equity
  • Retained earnings


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