Recording and Reporting in Unit 3

February 2010

Sasha Mildenhall
Taylors Lakes Secondary College
Unit:3
Document type: Assessment task
Document format: Document
Keywords: stock,balance day adjustments,closing the ledger,profit and loss statements,cash flow statements

The following tasks can be used as Unit 3 assessment tasks or revision activities. Together they cover the recording and reporting of stock, completion of ledger accounts, balance day adjustments and the financial reports. Question 1 is based on Area of Study 1/Outcome 1 and Question 2 is based on Area of Study 2/Outcome 2. The questions have been formatted similarly to a formal exam and students should aim to spend approximately
1 minute per mark.

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