The purpose of this assignment is to enhance learners’ understanding on qualitative characteristic of accounting information and enhance skills to prepare the journal entry, trial balance and financial statements.
Select one listed company on Bursa Malaysia and access the annual report of the company for the year ended 2018.
Discuss how ‘feedback value’ and ‘forecast value’ may help users to make better decision.
Provide four examples of accounting information from the annual report to support your discussion.
Menora Wealth Management completed the following transactions during December in the current year:
a)Prepare journal entries to record all of the above transactions.
b)Post the journal entries to the three column ledgers.
c)Prepare the trial balance as at 31 December 2018.
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