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Assignment

Mentor NameCreated by Krishna
1:51 PM, 24-Feb-2021 

Friends,

I am uploading an assignment or rather a worksheet for you based on the Accounting principles and methods we have discussed in the previous days. This is a spreadsheet document which has 4 sheets

Sheet No:1 - Transactions - You have to do this task first before proceeding to other sheets. I have listed down some accounting related events that have taken place in a firm (entity). You need to document the transactions.

Sheet No:2 - Receipts & Payments Statement. As you know this is one of the financial statements prepared by consolidating all transactions. You are supposed to start from laying out the format of the statement. You need to prepare this on the basis of what you have done in Sheet No:1

Sheet No:3 - Profit & Loss Statement. As you know this is one of the financial statements prepared after preparing Receipts & Payments Statement. You are supposed to start from laying out the format of the statement. You need to prepare this on the basis of what you have done in Sheet No:2

Sheet No:4 - Balance Sheet or Assets & Liability Statement. As you know this is one of the financial statements prepared after preparing Receipts & Payments Statement. You are supposed to start from laying out the format of the statement. You need to prepare this on the basis of what you have done in Sheet No:2

Go Ahead. Don't hesitate to discuss if you have any doubts doing this. Best of Luck !


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