ACC 111-PRINCIPLES OF ACCOUNTING 1 FOR PART TIME

  
ASSIGNMENT 1

(a)  Ayefele Nigeria Limited provides the following data:

Year	Capital N	Profit N	Return on capital %
2018	40,500		20
2017	27,000		45

Required: prepare the following:

 i. Calculate the profit for each of the year.

 ii. Profit decreased by how much?

(b) List ten users of financial statement  


ASSIGNMENT 2

(a) Who is an accountant? State five roles of an Accountant.

(b)  Sogbae Nigeria limited provides the following data:

Year	Capital N	Profit N	Return on capital %
2018	125,000	56,250
2017	100,000	20,000

         Required: prepare the following:

        i. Capital increased by how much?

       ii. Calculate the return on capital for each of the year.

WATCH OUT FOR ASSIGNMENT 3 AND 4.

                                    

Visit to see:
Train your brain click below link:
https://britstutors.blogspot.com/2018/10/train-your-brain.html 
ACC 111-PRINCIPLES OF ACCOUNTING 1 COURSE OUTLINE:
https://britstutors.blogspot.com/2018/11/acc-111-principles-of-accounts-1-course.html 

Assignment  1 and 2 for Full-Time for general knowledge:

https://britstutors.blogspot.com/2018/12/assignment-on-acc-111-principles-of.html

ACC 111 Lecture Notes: 

https://britstutors.blogspot.com/2018/11/introduction-to-accounting-note.html

ACC 101 Lecture Notes:

https://britstutors.blogspot.com/2018/11/acc-101-introduction-to-accounting.html 

Financial Statements:

https://britstutors.blogspot.com/2018/11/financial-statements.html 

Text Book by Patriot Odunaro B.J:

https://britstutors.blogspot.com/2018/10/principles-of-accounting-1-textbook-by.html 

13 Review Questions:

https://britstutors.blogspot.com/2018/10/tutorial-questions-on-principles-of.html

ONCE YOU CARRY YOUR OWN WATER, YOU WILL LEARN THE VALUE OF EVERY DROP.  
TIME IS KEY! MAKE BEST USE OF YOUR TIME FOR THINGS THAT IS NECESSARY!

Patriot Odunaro B.J