Not only Financial Accounting contains extensive theory, but it also has lengthy problems that create a nightmare for many students. Financial Accounting Assignment on top of that can make a student’s life one living hell.
However, completing and submitting such projects is a necessity and failing to do that can create problems for students.
So, to make the academic life of such learners easier, several companies provide Financial Accounting Assignment help in exchange for a minuscule fee. Courseworktutors is one such reputed online company who offer quality assignment help for Financial Accounting students.
Wondering how this assignment help can uplift your academic life?
Simple, go to the website, submit your assignment, pay a fee, and you are done. Experts personally curate an assignment and deliver within the required time frame. Our professionals hold significant knowledge and come from respected backgrounds specifically suitable for this job. Students can completely rely on online assignment help as each of the project prepared differ from the other and are plagiarism-free. Still unsure? Here’s a list of all subsections Financial Accounting Help will cover.
- Trading Account
A Trading Account shows the gross profit and gross loss of a business depending on all the direct expenses. Trading account is the first step of preparing final accounts and contains:
- Opening stock – It’s the closing stock of a company from the previous financial year. The opening stock usually consists of raw materials, finished goods, and work-in-progress.
- Purchase and Purchase Returns – The purchase account summarizes all the goods purchase, whether with debit or credit.
- Profit & Loss Account (P&L)
It is the second step of creating the final account which shows the net profit and net loss of a business depending on all the indirect expenses. This financial statement begins with the revenue of a business and then subtracts interest on investments, tax, cost of goods sold, and operating expenses to come up with the net income.
- Balance Sheet
The third and last step of the final accounts, this financial statement shows assets and liabilities of a business and tells whether it is making a surplus or a deficit. The assets usually consist of fixed possessions like:
- Plant and machinery
- Intangible assets (patents and copyrights)
- Financial assets
And current assets like:
- Cash in hand
- Cash in bank
- Accounts receivable
- Prepaid expenses
The liabilities included are:
- Financial liabilities
- Accounts payable
- Bad debt
- Cash Flow Statement
A cash flow statement shows the total amount of cash entering and leaving the business. The cash inflow can come from the following places:
- Operations – Cash inflows coming from day-to-day business activities like depreciation, accounts payable, amortization, dividends, and other prepaid expenses.
- Investments – Purchase or sale of assets like plant, machinery, buildings, plots and loans given or received.
- Finance – Dividends received and paid, sale or purchase of stocks and shares, and others.
Courseworktutors also covers other segments to provide the best Financial Accounting Assignment Help to students. With professional help in preparing projects, they can not only receive a well-research assignment, but will also fetch good grades in academics.