Section outline
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Work sheet
Chapter Objectives:
(a) To understand the need and application of the accounting cycle
(b) To understand the cost effectiveness of maintaining a worksheet
(c) To know the process of preparing a work sheet
(d) To gain learn the process of preparing a post- closing trial balance
Chapter Outcome:
At the end of this chapter we are expected to:
(i) Be able to explain what type of companies need to maintain a worksheet and how it brings benefits to the company
(ii) Be able to decide whether a company should maintain work sheet
(iii) Be able to complete a work sheet
(iv) Be able to prepare a post closing trial balance after preparing the closing entries
Teaching resources:
(1) Text Book and PowerPoint
(2) Video recording
(3) Live class and discussion
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Students mustMark as done
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