Question: Task 2 - Exemplar Financial Reports You are to prepare a set of exemplar financial reports, which the trainee accountants can place in the file
Task 2 - Exemplar Financial Reports You are to prepare a set of exemplar financial reports, which the trainee accountants can place in the file and use for reference. You must: use appropriate books of original entry and double entry accounts to extract a trial balance from the details contained in Appendix 1. prepare a set of sole trader financial statements from the information contained in Appendix 2. prepare a set of financial statements for a business organisation of your choice. prepare and analyse break-even data from the costing information in Appendix 3. prepare a cash budget from the information in Appendix 4. LO2 AC 2.1, 2.2 LO3 AC 3.2, 3.3
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