Accounting Question

part 1:Must be provided:

1- A copy of the financial operations (transactions)

2- Determine the basic accounts for financial operations (transactions)

3- Classification of the transaction (ownership rights, assets, liabilities, profits, losses, revenues, expenses)

4- Reason for classification

5- The reason for each classification must range between 20-50 words

Part 2 :The topic of discussion is the analysis of the financial statements of Aramex (the financial statements in Arabic will be attached to an external file)

PART 1
To commission this week please read the financial transactions made by the company and
.then answer the following questions
1- Determine the basic calculations of the financial operation The operations (transactions)
.were classified into: equity, assets, liabilities, profits and losses, revenues, and expenses
2-.Provide the rationale (proof) for each classification
Date
Operations (Transactions
1 April
2 April
5 April
12 April
15 April
16 April
17 April
20 April
21 April
.Common stock has started for $35,000 in cash
.Buy office supplies for $1,100 on account
.Sales invoices for customers $10,000 on the account
Buying a delivery truck for $7,000 with a loan
.The rent paid is $5,000
Salaries paid to employees $4,000
Cash sales of $2,000
Paid insurance for a one-year policy $1,800
cash receipts from the customer invoice pool 9,000$
.for April 5
Buying additional furniture in exchange for paying $2,000
in cash
Cash withdrawal for personal use $1,000
27 April
29 April
Additional
inputs:
A
.Truck consumption for April 5%
B
C
D
H
Payroll of employees due but unpaid $500
Fees earned but not billed on April 31 $600
One of the 12 months of the insurance policy value has
.expired
Dividends paid in cash $1,000
Must be provided:
1- A copy of the financial operations (transactions)
2- Determine the basic accounts for financial operations (transactions)
3- Classification of the transaction (ownership rights, assets, liabilities, profits, losses, revenues,
expenses)
4- Reason for classification
5- The reason for each classification must range between 20-50 words
Use APA documentation for citations of references and any sources used
Date
1 April
2 April
5 April
12 April
15 April
16 April
17 April
20 April
21 April
27 April
29 April
Additional inputs:
Operations
(Transactions)
Account
Classification
A
B
C
D
H
Part 2
The topic of discussion is the analysis of the financial statements of
Aramex (the financial statements in Arabic will be attached to an
external file)
You must read the financial report in the attached file from Slide 10-16 to
answer the following questions: (The number of words required is 300 750 words)
1- What is the most important list for you as an investor when making investment decisions? Give
reasons with appropriate examples.
2. Will you invest in this company or not? Justify your answers with suitable examples.
3. What is the importance of financial statements for investors?