Introduction to Cost Accounting Assignment -
An 800 to 1000 essay in answer to your chosen essay question. Your essay should give a coherent and well supported answer to the question asked.
Assignment Questions - For your individual assignment please choose ANY ONE of the following 3 questions: Take Q1 and solve it as the requirement
1. The Use of Double Entry and Accounting Systems
- Define Double Entry System and explain about its origin.
- Explain about 3 stages of Double Entry System of accounting.
- Merits and Demerits of Double Entry System of Accounting.
- Explain the Modern Approach of Double Entry System of Accounting.
2. Introduction to Accounting and Recording Transactions and Events
- Characteristics of Accounting.
- Explain Internal and External Factors affecting Capital Structure.
- How will you determine the cost of missing inventory?
- What is Depreciation and explain main types of Depreciation Methods
3. Trial Balance and Basic Financial Statements
- What is Cash Flows statement and explain its segments.
- Steps in accounting Cycle process.
- Objectives and Methods of Trial Balance.
- Explain Basic Financial Statements and its Limitations.