Tag: principles of accounting 1

TACC401 Principles of Accounting Week 4:  Accrual Accounting

TACC401 Principles of Accounting   Week 4:  Accrual Accounting Seminar Guide Seminar Activity 4.1:  Accrual Accounting Andrew Darby manages and owns all the shares in a small proprietary company called Darby’s Derbys Pty Ltd which buys and sells hats. The assets, liabilities and owner’s equity of the business at 1

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TACC401 Principles of Accounting Week 3:  Cash flow Statement

TACC401 Principles of Accounting   Week 3:  Cash flow Statement Seminar Guide Seminar Activity 3.1:  Transactions and Financial Statements I. Cover decided to open Recover Upholstery Repairs on 1 January 2018.  She contributed office equipment valued at $10 000 and a commercial van valued at $12 000, and deposited $5

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