AC4006T2- Fundamentals of Business Accounting
2023-2024
Course Work
Group members Student ID.
ID
Word Count: 3577
BSc (Hons) Accounting & Finance
Kwabena Agyemang-Badu & Syed Moheuddin
,Contents
1. Abstract....................................................................................................................................................3
2. Introduction.............................................................................................................................................3
3. Books of prime entry................................................................................................................................3
4. Financial statements................................................................................................................................5
5. Differentiate between financial and management accounting................................................................7
6. Qualitative characteristics of financial information:................................................................................9
8. Cost classification for Benevolent Ltd....................................................................................................12
9. Difference between absorption costing and marginal costing approaches............................................15
10. Conclusion...........................................................................................................................................17
11. References...........................................................................................................................................18
1
Student ID:
, Table of Figures
Figure 1: Cost classification by Elements...................................................................................................13
Figure 2: Cost classification by Behavior.....................................................................................................14
Figure 3: Cost classification by Function....................................................................................................15
2
Student ID:
2023-2024
Course Work
Group members Student ID.
ID
Word Count: 3577
BSc (Hons) Accounting & Finance
Kwabena Agyemang-Badu & Syed Moheuddin
,Contents
1. Abstract....................................................................................................................................................3
2. Introduction.............................................................................................................................................3
3. Books of prime entry................................................................................................................................3
4. Financial statements................................................................................................................................5
5. Differentiate between financial and management accounting................................................................7
6. Qualitative characteristics of financial information:................................................................................9
8. Cost classification for Benevolent Ltd....................................................................................................12
9. Difference between absorption costing and marginal costing approaches............................................15
10. Conclusion...........................................................................................................................................17
11. References...........................................................................................................................................18
1
Student ID:
, Table of Figures
Figure 1: Cost classification by Elements...................................................................................................13
Figure 2: Cost classification by Behavior.....................................................................................................14
Figure 3: Cost classification by Function....................................................................................................15
2
Student ID:
