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Financial Analysis Assignment for Mantao Inc.

This document provides instructions for an assignment for a course on analyzing transactions, balance sheets, trial balances, and income statements. Students are given a list of 15 transactions performed by Mantao Inc. and are tasked with recording the transactions in a spreadsheet template, creating a balance sheet, trial balance, and income statement also using provided templates. The evaluation criteria includes knowledge and understanding (27%), thinking and investigation (27%), application (28%), and communication (18%).

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65 views1 page

Financial Analysis Assignment for Mantao Inc.

This document provides instructions for an assignment for a course on analyzing transactions, balance sheets, trial balances, and income statements. Students are given a list of 15 transactions performed by Mantao Inc. and are tasked with recording the transactions in a spreadsheet template, creating a balance sheet, trial balance, and income statement also using provided templates. The evaluation criteria includes knowledge and understanding (27%), thinking and investigation (27%), application (28%), and communication (18%).

Uploaded by

bebe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Assignment BAT4M

Hanson International Academy


BAT4M
Analyzing transactions, Balance Sheet, Trial Balance & Income Statement
January 17th 2017

Student Name:

Task: Below is a list of Transactions for Mantao Inc. Record each transaction [12] and create a
balance sheet [8], a Trial Balance [5] and an Income Statement [8] using excel. You will find the
templates for each on the course website.

Evaluation: K/U: 27%, T/I: 27%, A: 28%, C: 18%

Transactions

1. Mantao invests $20 000 in company called Mantao Inc.


2. Mantao’s company was a tutoring service
3. Company buys supplies for $400
4. Mantao tutors Rob for 10 sessions totalling $500. Rob pays $250 now and the rest later.
5. The company does another service for $1000 and receives $500 in cash and the balance
payable on account.
6. Mantao pays rent for $500
7. Mantao withdraws $1000 for personal use
8. Mantao pays to advertise her business. She gets a big sign made for $500.
9. The company bought a computer on credit card for $500
10. Mantao buys a vacant land for $10 000. $5000 was paid in cash and the rest on a loan
11. The company was paid back $250 for services already done
12. Mantao buys computer equipment for $1000 on account
13. Mantao has to pay gas for $50.
14. Rob pays off Mantao for tutoring services
15. Mantao paid off her loan

Due: Wednesday August 9, 2023

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