ASSIGNMENT:
Instructions:
• The answer must be in English.
• Students must include your details (Name, Student ID, CRN, Date of submission)
• Please READ the instructions carefully and FOLLOW them. Answer the ALL questions.
• Do NOT write the questions in the answer papers JUST write the question number.
• Do NOT put images, you must TYPE answers in the MS document.
• Font should be Times New Roman with 14 points.
• It is an INDIVIDUAL task, NOT a group task.
• You should submit the assignment via the Blackboard.
• Students who submit assignments after deadline, will get ZERO.
• If you engaged in plagiarism, you will get ZERO marks in the assignment or course.
The assignment worth 10 marks which is about 3.75 of the total marks.
Q1.Explain the importance of Bank Reconciliation Statement and give real examples explaining all possible items that make differences between cash balance in general ledger and bank statement balance.
Q2.Explain how the direct write-off method and the allowance method are applied in accounting for uncollectible accounts receivables? Explain with examples
Q3. Define depreciation and list methods of depreciation with numerical examples for each method