FNSACC304 Conduct Business Activities using a Computerised

School: Lonsdale Institute - Course: ADVANCE DI BSBTWK502 - Subject: Accounting

Lonsdale Institute PTY LTD Assessment Task FNS30315 Certificate III in Accounts Administration FNSACC304 Conduct Business Activities using a Computerised Accounting System FNSACC304 Conduct Business Activities using a Computerised Accounting System Assessment #2Assessment Type ActivityDue Date26/02/2023 Assessment Conditions This is an assignment activity that may be worked on in study time and as homework. Activity presentation should be completed in a manner that is appropriate to professional business reporting. All sections and requirements of the assessment task must be included. Feedback may be sought prior to submission. Where necessary include forms, pictures, charts etc. may be added as attachments Assessment Submission Requirements ALL assessmentsmust be sent to[email protected] NO studentsare to email assessments to their trainer only Your email message and assessmentMUSThave the following details: EMAIL SUBJECT: (Add Unit code)_ (Add Trainer's Name)_ Assessment Submission EMAIL CONTENT: Please find attached *assessments tasks for the unit: (Unit code) oStudent Name: Kannapat Chotiwai oStudent ID: LON2003613 oThe Unit Code:FNSACC304 oAssessment type (Project and/or Activity): Activity oTrainer name: Jahangir Alam IMPORTANT NOTE: * Accounting students MUST attach both assessment tasks for each unit, with the exception of units relating to Marvellous Mobile Phones which can be submitted separately. ATTACHMENT TITLE:(add Unit Code)_(Add Assessment Type)_Student Name Assessments will only be accepted if the above instructions above are followed All assessments MUST be submitted as per submission dates(please refer to your training log) Late submissions and re submission policy will apply (please refer to your training log) LA102 FO Assessment TaskPage 1 of 4 LA102 PP Assessment Management (SNR 1.7-1.11,1.25) (ESOS 14.2)V1 March 19 Lonsdale Institute Pty Ltd Provider ID 21915 CRICOS Code 02836F

Lonsdale Institute PTY LTD Assessment Task FNS30315 Certificate III in Accounts Administration FNSACC304 Conduct Business Activities using a Computerised Accounting System Assessment Task Introduction The following questions are based on the Project assessment Demo Company. Questions 1.If you are required to add a new general ledger account to the chart of accounts within Xero and you did not know how to complete this task, where could you find information? Xero Central Support contains a series of articles that will help us when we are unsure how to use any aspect or feature in Xero. 2.Explain the following terms a.Bookkeeping is Registration and recording of all movement inside a company, such as cash movements, stock movements, invoicing and payments with third party companies, among many other interactions. b.Accrual accounting is Accounting method that recognized revenue and expenses without necessarily received payment or paid the invoice, respectively. In this case, revenue and expenses can be recognised in the same period. c.Cash accounting is Other accounting method that only recognizes revenue and expenses once the payment has been received or the cash has been paid.