This case relates to the basic underpinnings of the bookkeeping process as well as the statement of money flows. In Part I, pupils are presented with 23 business occasions that they must appraise for recording in the financial records. Part II requires students to prepare a 2012 statement of money flows utilizing the advice presented in the organization's 2011 and 2012 year end balance sheets together with its 2012 income statement.
There are just two versions of this case: The Choice 2 case is a bit more difficult than the Alternative 1 case. Instructors should use Option 2 if they feel students are well grounded in the customary financial reporting of a typical set of company occasions and also their understanding of financial statement relationships. Both cases augment students' learning associated with the connectivity between the financial statements as well as the bookkeeping process. Please be aware that only one variant of the case should be used because of the existence of some overlap between the two.
PUBLICATION DATE: August 09, 2012 PRODUCT #: UV6489-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING