MYOB or Mind Your Own Business is a financial tool that helps small and big business organization’s by proving various financial services. If you want a career in this field, then you should be well versed with the banking and accounting terms. MYOB offers accounting, invoicing, banking, and various other solutions to businesses. Usually students who are learning MYOB are given the task of journalizing or bookkeeping, and logical questions. You might face difficulty in solving these questions on your help. Therefore, seeking MYOB Assignment Help from My Assignment Services will be helpful for you.
The professionals engaged in doing your assignments have practical knowledge about the tools of MYOB. As you know practical knowledge is more important in this field than theoretical, you must entrust us that all your assignment will be created by experts. Assignments offered are plagiarism-free, and there is no cost for revisions. Help with assignment has been made easy as we know that students are struggling with questions on a daily basis. Before getting into why you should hire us, let’s discuss various disciplines and subjects under MYOB.
MYOB accounting assignments cover various topics that the students have to prepare within a specified time period. Some of the major topics are:
MYOB cash flow analysis
Report and Analysis of company accounts
Job Records and Creation in MYOB
Setting up a new company
Sales, Purchase and General Ledgers
MYOB weightage average method
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Subjects in MYOB are very complex and require expert guidance. Each question has a different solution, and solving each question requires study of different concepts and accounting standards. Online MYOB assignment help is provided by My Assignment Services to students, who are facing difficulties in solving financial and accounting problems.
Financial statements are prepared at the end of financial year (1st April- 31st March). These statements provide a summary of financial transactions that take place in a financial year. Every organization including joint venture and partnership are entitled to prepare these statements. Financial statements of an organisation include:
Trail balance is a statement that includes ledger balances of all the accounts prepared for the period of time. The total of trial balance should be equal. Adjustment entries are not included in trial balance. It gives the debit or credit balance of the accounts that is to be carried forward to next accounting period. The accounts that are stated in trial balance are taken from ledger books and while recording such transactions there can be error of omission or error of dual entry. Such error can lead to unbalanced trial balance. The purpose of making trial balance is that it provides accounts summary of one year at one place, otherwise for recording each transaction the account ant has to go through ledger account, which is detailed according to the date of transaction.
Profit and loss statement is created at the end of financial year to ascertain net profit. All the expenses incurred as well as depreciation and outstanding expenses are deducted from the income generated. It produces the actual profit that an organization has earned in a financial year. All the expenditures and losses are recorded on the debit side of the profit and loss statement, and all the income and gains are recorded on the credit side.
Balance sheet is a statement that consists of assets, liabilities, and capital of an organisation. It includes all the current assets and liabilities as well. Balance sheet is prepared and convey to interested parties of the business such as investors and shareholders. It is a summary of income and expenditure balances from the preceding year. Balance sheet is prepared at the end of each financial year. Financial year of an organisation can be either from 1st April to 31st March or 1st January to 31st December. This entirely depends upon the businessman. The financial year of an organisation remains same throughout its existence, and it must be mentioned in official documents.
When these statements are prepared there might be differences in the total of debit and credit columns. In such case, the reconciliation statement is prepared, in which reconciling items are added and/or subtracted. Thereafter, adjustment entries are made to maintain the accounts.
Here are some samples of statements:
Management or Accounting and Finance degree courses in UAE train students in various accounting aspects. Many students are working part time to earn a living while studying. Making assignments, which contains practical questions and, require logical analysis take ample amount of time to complete. Student should attain MYOB assignment help from experts who can help you score excellent grades.
If you want to avail online MYOB assignment help, click on order now button. All your assignments will be solved as per assessment rubric and University guidelines. If you face any problem regarding the content provided to you, you can have one to one conversation with our experts. These services are available 24*7 to you, at your convenience.
Preparing accounting statement require study of all the concerning accounts. One cannot prepare financial statements or Cass flow statement if he has not gone through all the records. The problem of identifying errors and rectifying it requires practice and persistence. Our experts have years of experience in creating these statements and solving questions of such nature.
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You may try solving these problems but we are offering MYOB assignment help so that you can work on your syllabus and let us work on your assignment. The assignment will be created as per the instructions given by you. You can also get your revisions done within time as we send the assignment before due date, which provides ample amount of time for revisions. Here are some of our value-added benefits that you should consider:
Each assignment is solved and created by experienced professionals, therefore making sure that the contents of it are 100% unique. We have strict standards when it comes to plagiarism-free content. We know your grades are important to excel in your career, and that is why we provide help with assignment and homework/projects to students.
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