FNSACC517 Provide management accounting information Assessment 2 LA023817
Task 7
Using a Financial Software package such as MYOB or Xero produce a Standard Balance Sheet, which includes inventory. Provide evidence of this report, either by including a screen dump of the report, or including a copy of the pdf version of the report.
Required
1. Name the Financial Software Package that you have used to produce the report.
2. What is the value of Inventory as shown on the balance sheet?
3. Inventory valuation will be affected by whether management has chosen to use FIFO or Weighted Average. Use of which of these methods would result in a higher inventory valuation on the balance sheet.
It’s that simple.Pay only when you are satisfied.
Get Personalized Homework Help
Improve Your Grades Today
How It Works
1-Send us your Assignment requirements, attach and deadline for submission.
2-You will get a confirmation from us with a price quote.Pay us and be relax.
3-Your Completed task will be e mailed to you before agreed time.
Submit Your Assignment/Essay/Discussion/Term Paper/Final Exam or CaseStudy Detail
Available 24/7!
Send your academic problems,
Get instant Help only at Writerscampus!