BUACC5901: Effectiveness of communication – Accounting & Finance Assignment
1. Prepare journal entries relating to the transactions or events noted above
2. Prepare a trial balance
3. Prepare an income statement for the current year
4. Prepare a balance sheet reflecting the current financial position of BCCL
5. Comment of valuation of patents and the presence of artwork as they appear on the balance sheet, and make any recommendations you deem appropriate.
6. Calculate the contribution margin per unit
7. Calculate the break-even units
8. Comment on BCCL’s operating leverage. Be sure to comment on how changing market or environmental conditions might impact upon their business.