NMIMS Financial Accounting and Analysis assignment April 2023

50% Off

NMIMS Financial Accounting and Analysis assignment April 2023

190.00549.00

Financial Accounting and Analysis NMIMS Assignment April 2023.

Clear

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Financial Accounting & Analysis
Internal Assignment Applicable for April 2023 Examination

Assignment Marks: 30

Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.
 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
 Students should follow the following parameter for answering the assignment questions.

1. Prepare the journal by recording the following transactions (10 Marks)
TABLE BELOW
For Theoretical Answer

3-Dec Mrs. Vinita started business by transferring amount from her saving
account to the business bank account Rs500000
5-Dec She Purchased godown to stock goods worth Rs 100000
7-Dec She purchased goods for sale, costing her Rs 300000
8-Dec She sold off the entire goods at Rs 500000,credit sales
10-Dec She paid salary to employees Rs 20000 through bank account

2. Company DreamHigh Pvt. limited wants to distribute dividend to its shareholders.
There are two types of dividend, which a shareholder can receive in any accounting
year. Discuss the term dividend, its types, accounting treatment of dividend in the books
of accounts and a brief towards how cash flow on account of dividend is reflected in the
cash flow of a company (10 Marks)

3. Following are the particulars available for Z and X, LLP
retained earnings 668
accounts receivable 240
supplies 500
salaries payable 167
equipment 1000
unearned revenue 475
accounts payable 200
cash 1170
prepaid insurance 100
common stock 1500

a. Calculate the amount of – (5 Marks)
total assets
total liabilities excluding stockholder equity
total stockholders’ equity.

b. Discuss the advantages of preparing the Balance Sheet. (5 Marks)

 

Buy Online Solutions Or WhatsApp me: https://nmimsuniqueassignment.com

******************************************************************************************************************

Additional information

Solution Type

Normal, Customize

Reviews

There are no reviews yet.


Be the first to review “NMIMS Financial Accounting and Analysis assignment April 2023”

Beware of other fake website similar to our website name

X
Need Help? Chat with us