Essay
MNE3701 ASSIGNMENT 2 GUIDE 2023
- Institution
- University Of South Africa (Unisa)
THE DOCUMENT IS AN ILLUSTRATION OF HOW ASSIGNMENT 2 MUST BE PRESENTED.
[Show more]
Content preview
0717513144 MNM3701 ASSIGN 2 2023 muzavazi47@gmail.comDISCLAIMER
The MNE3701 guide is centred on 2023 assignment 2. It is a product of internal
and external research that includes the study guide, prescribed textbook and
other authentic sources.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
, 0717513144 MNM3701 ASSIGN 2 2023 muzavazi47@gmail.com
Table of Contents
QUESTION 1 ............................................................................................................. 2
By using practical examples, demonstrate how you would go about
constructing financial statements of your small business. (30) .......................... 2
Financial statements ............................................................................................ 3
Importance of financial statements..................................................................... 3
financial statements preparation......................................................................... 3
1. Recorded facts .............................................................................................. 3
2. Accounting conventions .............................................................................. 3
3. Personal judgments ...................................................................................... 4
3 types of financial statements............................................................................ 4
Balance sheet .................................................................................................... 4
Income statement.............................................................................................. 6
Cash flow statement ......................................................................................... 7
QUESTION 2 ............................................................................................................. 8
By using practical examples, demonstrate how you would go about conducting
financial forecasting for your business. (20) ......................................................... 8
4 common types of financial forecasting ........................................................... 8
1. Sales forecasting .......................................................................................... 8
2. Cash flow forecasting ................................................................................... 9
3. Budget forecasting ..................................................................................... 10
4. Income forecasting ..................................................................................... 10
QUESTION 1
By using practical examples, demonstrate how you would go about
constructing financial statements of your small business. (30)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R80,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82871 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now