Assessment 2 (except task 2 as no excel sheet was available to me)
Task 1 Answer the following questions: 1. What are meant by the terms assets and liabilities? 2. What is a bank statement and how does it assist in identifying discrepancies? 3. What is the GST, who pays it and how is it calculated when shown as a GST exclusive price and as a GST inclusive price? 4. Describe the differences between accrual accounting and cash […]