Financial Accounting

Assignment 2

After completing the above MYOB Accounting practice set print the following for the period ending 31 JJanuary 2011.

a)     Sales and receivable journal

b)     Purchase and Payable journal

c)      Cash Disbursement journal

d)     Cash Receipt journal

e)     General Journal

f)       Inventory journal

g)     Trial balance

h)     Income Statement

i)       Balance Sheet

 Assignment 3

Based on the MYOB Practice set - Pabst. Wendy & Perrin. Brian, (2011). Gone Fishing PTY LTD - A Manual and Computerised Accounting Practice Set Using MYOB Version 19, 

John Wiley and Sons Australia) you completed in Assignment – 2, Answer the following 

Questions.

a)     The computerised accounting system has now in place for a month, Greg Hansen Powell the proprietor of Gone Fishing PTY LTD is in the process of deciding whether to convert fully to MYOB from a manual system. He would like you to prepare a report assessing the suitability of this software for the firm, including but not limited to

i.       Advantages and disadvantages of a computerised versus manual accounting system

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