Q1 Naming cells in spreadsheets (4 marks) See support.office.com/en-us/article/Define-and-use-names-in-formulas-4D0F13AC-53B7-422E-AFD2-ABD7FF379C64 Why replace cell references with names? Create a si

Choose Your Topic

All Subject Accounting Finance Engineering Science Computer Science

Economics Management Writing Mathematics Statistics Law Auditing Nursing Childcare Others

Q1 Naming cells in spreadsheets (4 marks) See support.office.com/en-us/article/Define-and-use-names-in-formulas-4D0F13AC-53B7-422E-AFD2-ABD7FF379C64 Why replace cell references with names? Create a si

Question Preview:

View Complete Question >>

Question Preview:

Q1 Naming cells in spreadsheets (4 marks) See support.office.com/en-us/article/Define-and-use-names-in-formulas-4D0F13AC-53B7-422E-AFD2-ABD7FF379C64 Why replace cell references with names? Create a simple spreadsheet and paste Sales less Expenses = Net Profit. Q2 Negative numbers (3 marks) Why do accountants display negative numbers in brackets? How can negative numbers be displayed in brackets? Paste a simple spreadsheet example. See: support.office.com/en-us/article/change-the-way-negative-numbers-are-displayed-104b47a6-8ae2-471f-8f73-c4b96e7bb146 Q3 Separation of data and report areas (5 marks) Evaluate why an accountant should design spreadsheets with a completely separate data entry area and a separate report area? Paste a simple spreadsheet example. Q4 IF functions (5 marks) What is an 'IF' statement (function)? Reference a youtube. Provide a spreadsheeted accounting example for net profit/net loss. Q5 Perpetual versus Periodic systems (5 marks) Explain the essential differences between perpetual and periodic inventory systems. Give examples of products/situations suited to each. (Watch the 3 videos on Inventory in Interact2 Resources). Q6 Worksheet and financial reports (12 marks) Watch the Foot Worksheet movie in Interact2 resources. Download the relevant doc file also on Interact2 resources. This doc file has a template of the example below. Examine the original data from the video. Create a new report/solution and change every data number and enhance/improve the example to prepare a ten column spreadsheeted worksheet and the Financial Reports. Change the presentation of settlement discounts so it complies with the method in chapter 5 of your text. Do not create journal entries or ledger accounts. Ensure your trial balance still balances after your data changes. The changes should be your personal choice. So your solution will be unique. Follow the spreadsheet requirements including a separate data entry and report area and implement IF functions wherever appropriate. As usual, paste the normal view and the formula view. Write a business report evaluating spreadsheets as a tool for accounting. You may wish to search the Internet with terms such as “advantages of spreadsheets”. Use the following resource to help you prepare and format your report: http://bit.ly/FoBAcademic-Writing-Skills Q7 Application of Inventory flow assumptions (10 marks) Create a well-designed spreadsheet to solve Irene's Toy Company. Make several of your own changes to the original data and create a new solution. In this second version, create prices that decline throughout the month. Paste the two solutions and one formula view. Highlight your changes. Explain the significance of the changed results, Q8 Bank Reconciliation (10 marks) Prepare a Bank Reconciliation Statement from the following data. Paste the normal and formula views. Use an IF function. Then in a second version change all the data. Q9 Journalising accounts receivable entries (6 marks) Using your text as a resource, show the T accounts needed to show sales on credit, the collection of part of the amount owing, the write off of accounts receivable, the reinstatement of an amount written off and the collection in full of the amount owing. Create your own numbers. A spreadsheet is not required. Q10 Estimating bad debts (4 marks) Contrast two different methods of estimating bad debts. Create simple examples. Q11 Evaluation of a firm’s financial position (6 marks) How can we use receivables to evaluate a firm's financial position? Q12 Dishonour of a note receivable (8 marks) Write a scenario which includes a credit sale, a conversion to a Note receivable, the dishonour of the note and subsequent delayed payment. Show the T accounts. Create your own simple numbers. Q13 Work Integrated Assessment case study (12 marks) Qantas Annual Report 2016 Learning Objectives: The subject you are studying is vocational. It is designed with the workplace in mind. Work integrated assessment provides opportunities for students to link theory and skills learned in a subject to a real work context. Students can use these opportunities to develop and practice the professional and academic skills they learn about in a subject or through the online environment and then be assessed on their capabilities in these simulated authentic environments. Work integrated assessment allows students to simulate and situate their learning in an authentic workplace that encourages them to explore their knowledge and apply it to practice. Integrating real world, authentic assessment tasks allows students to learn about the particular environments and culture of their chosen professions, while at the same time absorbing and practicing the skills they need to succeed. Doing these tasks can help students develop skills that can help their employability. Resources for this task include the 2016 Annual Report for Qantas. Your friend Ramesh is studying architecture at another University and knows very little about accounting and annual reports. His uncle gave him $50,000 recently to invest. Ramesh knows you have begun studying accounting and is considering buying Qantas shares. He has some questions for you. Present your answers concisely in a business report format. Ramesh's questions: 1.Identify and explain some of the metrics that Qantas uses to show its performance. 2.Examine and comment on the Statement of Comprehensive Income. 3.What expertise does Todd Sampson bring to the Board of Directors? 4.Explain Revenue Seat Factor, EBIT, Revenue received in advance and Retained Earnings. 5.Calculate and comment on the Working Capital ratio. 6.Create two charts in Excel from any data in the Qantas report showing 3D columns and a 3D pie chart. Paste the spreadsheet graphs in your assignment. Also, paste the graph data area. 7.Summarise your advice to Ramesh re the investment decision. Find the Qantas 2016 Annual Report on the web.

View Less >>

Solution Preview

Solution to Question 1:
Cell references are replaced with names to make it easy and less cumbersome to be used. Specifically, naming a range of cells in a spreadsheet makes it a lot easy to be
used in formulas and the range of cells need not be defined always. Cell references create simple and plain text name of a range of cells and make it easy to be referred in
the workbook.

question Get solution

$25

Orginal Price : $32.50

Pay Now

Upload Assignments

Get Your Assignment

Don’t delay more, place your order now. Quick assignment help will be offered to you.

Order Now

CUSTOMER REVIEWS

Excellent

Based on 702 reviews See all reviews here

One of the Best Service

I trust LiveWebTutors for my assignments because of their ability to deliver the perfect assignments time and again. Only a few of my assignments required minor revisions. The rest assured it is the best assignment writing service in the market.

Elizabeth
Sydney

Great Service and on time

I felt so exhausted and burdened with the large number of assignments I had to write and desperately needed someone to help me with all the writing and there was LiveWebTutors company on the internet. They finished my assignments before the due date and also offered me a first-timer discount.

Christina
Perth

One of the Best Assignment Provider

I ordered my Mathematics and Marketing assignments from them last month. I received the content on the set date. Most importantly, the assignments were well-written and plagiarism free. I scored a top grade for the assignment written by them. They are a reliable company.

Oli
Brisbane

Very Helpful Customer Service

I was quite unsure about getting my assignment written online but after coming across LiveWebTutors.com, all my worries have vanished. The quality of the assignments written by their writers is just invincible. Their customer support is very polite and helpful. You should try their service at least once

Kabir
Adelaide

shopping cart 0

Amount Payable : $0

World's Leading Assignment Library

Choose Your Topic