Ideas of Accounting Assessment 1: Monetary and Management Accounting Functions, Trial Steadiness, Journal Entries, and Monetary Statements Preparation, Singapore

Phrase Limit 1,500 to 2,000 words Assignment Structure & Submission Guidelines 1. Formatting Requirements Assignments must be typewritten. Sigh Arial, font dimension 12, with 1.5 line spacing. Textual direct must be justified (aligned evenly on each aspects). Encompass headers and footers alongside with your pupil title//ID and page numbers on every page. 2. Improvement Open with an Introduction that outlines the reason and scope of the project. Modern solutions clearly under linked request numbers. Discontinue with a Summary or Conclusion to replicate key studying facets. 3. Referencing A Reference Web page must be integrated at the tip of your project. Sigh APA 7th edition referencing style. All sources (books, journals, internet sites, experiences) must be correctly cited each in-textual direct and within the reference checklist. 4. Marking Standards Consult with the marking rubrics supplied for guidance on expectations and grading. 5. Tutorial Integrity Assignments must be your enjoy unusual work. Plagiarism, collusion, or inform of uncredited discipline materials will result in penalties per academic regulations. 6. Submission Instructions Post electronically during the designated platform (e.g., Turnitin, LMS, or e mail) by the due date. Retain a backup replica of your project. Unhurried submissions would possibly presumably incur penalties. 7. Totally different Instructions Sigh definite headings and subheadings to structure your solutions. Manufacture definite wonderful-attempting spelling, grammar, and expert presentation. Diagrams, tables, and examples would possibly very successfully be integrated where appropriate to present a boost to your solutions. Write My Assignment Rent a Reliable Essay & Assignment Writer for polishing off your Tutorial Assessments Native Singapore Writers Group 100% Plagiarism-Free Essay Perfect Satisfaction Charge Free Revision On-Time Offer Strive all questions – Consult with the marking rubrics for the impress allocation. Seek data from 1 Pomelle Ltd is a retail firm currently going thru rising working costs and declining income. As the firm’s accountant, that it’s most likely you’ll had been requested by management to manual on how Monetary Accounting and Management Accounting data will more than seemingly be used to cope with these challenges. Required: The utilization of linked accounting ideas and terminology, show how each style of accounting can support the firm in making told choices. Present at the least two functional examples for Monetary Accounting and two for Management Accounting to strengthen your respond. Seek data from 2 The following balances are taken from the books of Emilio Ltd for December 2025: Item $ Cash at Monetary institution 54,000 Commerce Receivables 65,000 Opening Stock 11,400 Equipment 250,000 Amassed depreciation 25,000 Commerce payables 40,000 Accruals 23,600 Mortgage 24,000 Purchases 194,000 Gross sales 450,000 Salaries expense 25,600 Depreciation expense 25,000 Administrative costs 5,000 Carriage inwards 1,450 Capital ? Required: Put collectively a Trial Steadiness for Emilio Ltd as at December 2025. Seek data from 3 Emma Ltd, a newly established firm, started operations in January 2025. The business specialises in selling eco-friendly dwelling of business gives, concentrating on each company purchasers and stroll-in possibilities. The firm has saved a file of its transactions since its inception and now needs to put collectively its financial statements for review. The following transactions had been extracted from the books of accounts of Emma Ltd: Started business with capital of $2,000,000 cash. Opened a business bank myth and deposited $700,000 cash. Supplied furniture for $54,200 for cash. Emma Ltd purchased items worth $154,600 from Annaya Ltd. Sold items to Ash Ltd for $300,000 on cash phrases. Emma Ltd purchased dwelling of business instruments on credit score from Goody Wooden Furnishings Ltd for $600,000. Emma Ltd paid the firm a monthly rent $150,000 in cash. Emma Ltd sold items worth $100,000 to Alexa Ltd on credit score. Emma Ltd returned $4,600 worth of issues to Annaya Ltd as they had been murky. Alexa Ltd returned $2,000 worth of issues to Emma Ltd as they had been the nasty dimension. Required: Put collectively the journal entries for the above transactions. Seek data from 4 June Ltd is a medium-sized retail firm that specialises in everyday life and household merchandise. Over the final three hundred and sixty five days, the firm has expanded its operations by opening two new retail outlets and investing in as a lot as date instruments to red meat up efficiency. Whereas gross sales include grown frequently, management is anxious about rising working costs and their affect on profitability. As piece of the three hundred and sixty five days-live course of for 31 October 2026, the finance team has engaging the trial balance and gathered further data for adjustments. You had been engaged as the firm’s trainee accountant to support within the preparation of the Profits Assertion and the Assertion of Monetary Residence. The following myth balances had been extracted from the books of June Ltd for the three hundred and sixty five days ended 31 October 2026: June Ltd Trial Steadiness as at 31 October 2026 Memoir Debit ($) Credit score ($) Cash at Monetary institution 115,000 Commerce receivable 135,600 Totally different Payables 24,590 Stock (01 November 2025) 80,200 Revenue Hand 39,800 Premises 1,500,000 Amassed depreciation Premises 300,000 Plant and Instruments 450,000 Amassed depreciation Plant and Instruments 180,000 Commerce payable 107,910 Administrative expense 38,000 Insurance expense 56,000 Utilities expense 43,500 Half Capital 1,500,000 Gross sales 1,500,000 Gross sales returns 18,000 Residence of work Repairs 34,600 Purchases 569,000 Salaries and Wages 432,000 Advertising and marketing and marketing expense 100,800 | | 3,612,500 | 3,612,500 | Extra Recordsdata: a. Utilities amounting to $3,500 had been prominent as at 31 October 2026. b. The insurance expense recorded entails a prepayment of $6,500 referring to to November 2026. c. The closing inventory on 31 October 2026 was once valued at $132,000. d. Irrecoverable debts to the worth of $27,000 are to be written off. e. Depreciation is to be supplied on the Premises at 10% of the fee. f. Depreciation on Plant and Instruments for the three hundred and sixty five days quantities to $forty five,000. Required: i. Put collectively an Profits Assertion for the three hundred and sixty five days ended 31 October 2026.ii. Put collectively a Assertion of Monetary Residence as at 31 October 2026. Complete Marks 100 marks Aquire Custom Reply of This Assessment & Boost Your Grades Web A Free Quote

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