1. A detailed asset register and depreciation schedule which includes: a. Property, plant and equipment from fixed...
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Question:
1. A detailed asset register and depreciation schedule which includes:
a. Property, plant and equipment from fixed asset transactions
2. Copies of legers that you have recorded entries for balance day adjustments including:
a.Recording depreciation of non-current assets and disposal of fixed assets
b.Recording bad and doubtful debts
c. Adjusting ledger accounts for inventories, if required, and transferring to final accounts
3.Prepare final general ledger accounts to reflect gross and net profits for reporting period
Financial reports as follows:
a. Revenue statement
b. Balance sheets
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