Question

1. Discuss the THREE uses of Trial Balance with Literature Review and by providing example for each use of Trial Balance. . (word range – 150 to 200)

2. Mr. Juma paid the rent three months in advance for his shop. Write a short note on prepaid expenses with Literature Review and by providing examples. (word range – 150 to 200)

3. Ms. Salma is yet to pay the salaries to her employees of last three months. Write a short note on accrued expenses with Literature Review and by providing examples. (word range – 150 to 200)

4. Yummy Foods received an advance payment of OMR 1,000 for the order to be delivered after two months. Write a short note on unearned income/ Income received in advance with Literature Review and by providing examples. (word range – 150 to 200)

5. Reflection Report – Online Course (word range – 100 to 150)

Your reflection may include, your individual experience, What did you learn from this online course, how much progress you made in the online course, strengths of the online course, challenges you faced in attempting the online course, etc.

Answer 1

About Trial Balance:1

Prepaid Expenses:2

Outstanding Salaries:3

Income Received in advance:4

Reflection Report On Online Course:5

It was really greatful to share with you about the online course which will bring us a technological advancement of study . Due to online course a clear interaction was made with the Faculty and it was really very interesting to go through the topics and attending online classes is very eager thing and due online course recording of online classes will be available at any time and electronic media also available with printable format and it was very nice.

Strengths:

• Disturbance redundance
• Media availability
• Technological Developments may introduced in education.
• Lack of Paper work may done.
• Interacting virtual Sessions.

challenges Required:

• Data and capable devices are required.
• New interactions let feel us fear.
• Some Persons may not be interact freely.
• Technological issues.