BYS [FINV1007] – Statement of Financial Position (Level 2)

Description

The Level 1 pack was written more with the subject of Business Management in mind, but Level 2 has specifically been written to support N5 Accounting. The tasks build up in difficulty in terms of help with layout and adjustments. Tasks 1 to 9 all have the layout template, but pupils still have to extract the relevant ledger entries and put them in the correct place. Notes to the accounts such as pre-payments and accruals also need to be considered. From Task 10 onward, there is no layout help, aside from accounting columns. Formulas have been entered in Tasks 1 to 10, but they can easily be removed to make the tasks more challenging. Solutions are included in the pack.

** A paper pack is also included if printed tasks are preferred **