Tony's Plant Nursery Pty Ltd: A Manual Accounting Practice Set
1 Jan 2008
John Wiley & Sons Australia Ltd
This practice set is intended for students studying introductory accounting and can be used with any introductory textbook. An advantage of this practice set over many others is that revenue and expense accounts have not been closed at the end of the previous month, providing the student with a more realistic situation going into the last month of the financial year. This practice set provides students with the unadjusted trial balance at the end of May and requires them to record typical transactions for a retail business for the last month of the financial year. It will develop the skills necessary to keep a set of manual accounting records and understand the steps required to complete the accounting cycle.