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AssignmentQuestion：Asia-PacAcademyisaprivateeducationcompanywhichestablishingitsfirst...
Assignment Question ：
Asia-Pac Academy is a private education company which establishing its first college in
Singapore in 1992. The company has grown to operate 3 colleges in 3 cities across 3 countries: Vietnam, Malaysia, and Singapore.
Required ：
(a) Identify 15 transactions that Asia-Pac Academy will undertake to operate the business. [15]
(b) Prepare the journal entries for the transactions identify in (a). [30]
Note: Narrative is required.
(c) Post the journal entries in b) to the ledger accounts. [30]
(d) Identify and explain any 5 accounting conventions/concepts that the business is using to record the transactions. [15] 展开
Asia-Pac Academy is a private education company which establishing its first college in
Singapore in 1992. The company has grown to operate 3 colleges in 3 cities across 3 countries: Vietnam, Malaysia, and Singapore.
Required ：
(a) Identify 15 transactions that Asia-Pac Academy will undertake to operate the business. [15]
(b) Prepare the journal entries for the transactions identify in (a). [30]
Note: Narrative is required.
(c) Post the journal entries in b) to the ledger accounts. [30]
(d) Identify and explain any 5 accounting conventions/concepts that the business is using to record the transactions. [15] 展开
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