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University University Of Canterbury (UC)
Subject Accounting And Taxation

Questions

1. Prepare a property, plant, and equipment schedule for the year ended 31 March 20×2.

2. Express Events Ltd uses the periodic inventory method. From the information provided, calculate the closing value of inventory using the First-In-First-Out method of valuation

3. Using the schedule prepared in a), the valuation figure prepared in b) and the remaining supplementary information, complete the Adjusted Trial Balance for the year ended 31 March 20×2

4. Prepare a Statement of Profit or Loss for the year ended 31 March 20×2.

5. Prepare a Statement of Changes in Equity for the year ended 31 March 20×2.

6. Prepare a Balance Sheet as of 31 March 20×2.

7. Prepare the Notes to the Financial statements including Accounting Policies.

8. Prepare a Statement of Cash Flows (ignoring the impact of GST) using the information provided

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