Sample Assignment Introduction Accounting

Examples of Introduction sections

An example from accounting & finance
Footnote

Introduction

This report provides information obtained through ratio analysis, regarding the profitability, liquidity and financial stability of Outdoor Equipment Ltd for the years 1993-1995. This report will pay particular attention to the earning power, liquidity and credit management, inventory management and debt management, and will highlight major strengths and weaknesses while offering some explanation for observed changes. The report will comment on the prospects of the company and make recommendations that would improve Outdoor Equipment’s Ltd’s current performance. These observations do have limitations which will be noted. This report will explain how a cash flow statement and a prospectus could enhance analysis.


terms of reference & methods



terms of referenceand outline of report’s structure






outline of report’s structure

Excerpt from Woodward-Kron, R. (1997) Writing in Commerce: a guide to assist Commerce students with assignment writing, (Revised edition), Centre for the Advancement of Teaching and Learning, The University of Newcastle.

An example from marketing

Introduction

In Australia there are close to one million business buyers. This is far short of approximately 18 million consumers but the total sales volume in the business market far surpasses the total sales to the consumer market. Although business buying behaviour and consumer buying behaviour are similar because they both involve individuals making purchasing decisions, the differences between the buying behaviours of these groups is of greater significance. These differences are important in understanding the behaviour of business buying and consumer buying markets.

Officeworks is a branch of Australia’s leading retail group Coles Myer Ltd. Launched in 1994, it was aimed to cater specifically for the needs of small business, the home office and students. It has approximately 40 stores and is continually adding new stores Australia wide. Its range of products include all office supplies such as stationary, computers and other business machines, furniture and office kitchen and bathroom supplies.Officeworks is a company that experiences both consumer buying and business buying.Officeworks will be used as an example in this report to illustrate the difference between consumer and business buying behaviour. Its marketing strategy will be assessed to see how it incorporates and has been influenced by both consumer and business buyers. Finally, recommendations will be made about how its marketing strategy could be expanded to further meet the needs of business buyers.


Background to the research problem








Statement of the research problem




Background to the case study








Relationship between the case study and the research problem highlighted.

Outline of report’s structure

 



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Comments and questions should
be directed to Unilearning@uow.edu.au

 

Assignment A-2.1

The trial balance of Kirk Used Auto Company, on March 31, 20X8, follows:

Account Title Debit Credit
Cash $10,000
Accounts Receivable 20,000
Automobile Inventory 100,000
Accounts Payable $3,000
Notes Payable 70,000
Kirk, owner's equity 57,000
Total $130,000 $130,000

This business is a sole proprietorship, thus the equity account used here is Kirk, Owner's Equity. In practice, it is often called Kirk, Capital.

Kirk rented operating space and equipment on a month-to month basis. During April, the business had the following summarized transactions:
a. Invested additional $20,000 cash in the business.
b. Collected $10,000 on accounts receivable.
c. Paid $2,000 on accounts payable.
d. Sold autos for $120,000 cash.
e. Cost of autos sold was $70,000
f. Replenished inventory for $60,000 cash
g. Paid rent expense in cash, $14,000
h. Paid utilities in cash, $1,000
i. Paid selling expense in cash, $30,000
j. Paid interest expense in cash, $1,000

  1. Journalize transactions a to j above and post the entries to the ledger.
  2. Open T-accounts for the accounts in the trial balance and the following to it: sales, cost of goods sold, rent expense, utilities expense, selling expense, and interest expense. Enter the March 31st balances in the appropriate accounts.
  3. Prepare the trial balance as of April 30, 20X8.
  4. Prepare an income statement for April. Ignore income taxes.
  5. Provide the closing entries.

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