a) As a part of AIS project, you are requested to use any accounting software...

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Accounting

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a) As a part of AIS project, you are requested to use any accounting software modules / packages of your choice and enter minimum 20 dummy transactions of any industry (for profit or not for profit) of your choice and create financial statements i.e. Income Statement, Balance Sheet, Cash Flow Statement and Ratio Analysis along with a brief summary / comments on importance of each statement. Download any accounting software of 101/2 mark each for the creating correct chart of your choice and create a Company in accounts using correct group and sub-group Accounting Software / Module and and completing all the mandatory fields that accordingly create required chart of are required in order to create the company. accounts under the correct group and sub-group. Capture 20 dummy transactions in the 402 marks each for capturing the transaction accounting software with proper correctly in the accounting software along with narration. narration / explanation. Source for dummy transaction: Use any accounting text book to capture minimum 20 accounting transactions. Online preparation of financial 205 marks each for preparing online Income statements i.e. Income Statement, Statement, Balance Sheet, Cash Flow Balance Sheet, Cash Flow Statement, Statement, Ratio Analysis along with a brief Ratio Analysis with a brief summary / summary / comments on importance of each comments on importance of each statement. statement

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