BA-Duy Thinh - Business Administration - Tài liệu tham khảo | Đại học Hoa Sen

Student: Huynh Viet Le Duy Thinh Student ID:2146158 Business Accounting
BTEC HIGHER NATIONAL DIPLOMA IN BUSINESS Module Business Accounting Student name: Huynh Viet Le Duy Thinh Student ID: 2146158 Tutor: Ngo Ngoc Thuyen Submission date: 16/01/2016 Term: T3-2015
Tutor Name: Ngo Ngoc Thuyen T3-2015 0
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting TASK 1 ( P1) [Student’s writing]
Tutor Name: Ngo Ngoc Thuyen T3-2015 1
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting P1
The Accounting is very important in business.They need accouting to record transaction , monitor
avtivity, control, management of the business and measure of finanncial performence.
Record Transaction : When we open the business, we have to record the finance information of this
business to caculate the money that the money in and the money out. The most important things that if our
outlet does not record the finance information , we will not have the information about tax and revenue
.Dave should need accouting to record the financial report of every month .For examples , the money that
Dave spend on by pants , shoes , shirt and the renting fee. Dave should record the cost on water,
electricity bills every month. We could have the penalties of the goverment about tax. When the outlet
does not record the revenue , they do not know the business has loss or they has profit. The business will
be fail if we do not record finance information , we would pay wrong tax and we do not understand
clearly the situation of the business.
Monitor Activity : Our outlet have to record and update the finance information frequenly . Because we
have to caculate the expenses of the oulet every day about the money going in the outlet and the cost that
we spend on our business. For examples , If we do not have accouting , we do not know the real reveure
or the profit of our Outlet in every month.This information will be provide for the business and we will
know the sales situation , the payment and the revenue of our business.
Control : The accounting will help we control our business. When our outlet have the conclit , having
the record of finance will have us solve that problem because we could know what need to be fixed and
we know where to start and recover situation. Based on the finance information , Handsome Outlet could
control the business and maintain between the cashflow and the cost . For example , if Handsome Outlet
has loss, the sales revenue is going down and the costs are too much , the owner will have the ways to cut
the costs and recover the sales revenue.
Management of the business : The manager who is the most important position in Handsome Outlet.
Dave run the business so he is also the manager of Handsome Outlet. He has responsibility to control ,
manage and develop the business of Outlet. Dave should have the knowledge about the accounting .
Because he has to manage and caculate the money pay on their staffs or the costs of this business.He has
to ensure that their decission will be good for the business and what Handsome outlet need to pay for
their business . He needs to have stragety planning for our business.Otherwise, he will help us with the
accounting problems of Handsome Outlet , he will caculate the revenue when Handsome Outlet have
discount for customers to compete with others competitor.
Measure of financial performence: If Handsome Outlet does not have the finance record , it is not
possible for them to know the business is making profit or loss by the net profit of the outlet .In case that
we are the credictor or we are the debtor..If the company does not record all the finance information , they
would not understand the financial performance that means they do not know how much the revenue of
the comppany and how much money they are owed and the others owed them..
Tutor Name: Ngo Ngoc Thuyen T3-2015 2
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting
Tutor Name: Ngo Ngoc Thuyen T3-2015 3
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting TASK 2 (P2) [Student’s writing]
Tutor Name: Ngo Ngoc Thuyen T3-2015 4
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting P2 Company name Sony corporation LG Corporation Puma Core business Sony is largerest LG is the one lagest Puma is the company which technology company manufacturing company provides electronic about manufacturing which produce devides,mobile , consumer sportwears ,casual entertainment... in electronic,telecom,mobile footwear, in services,and home Herzogenaurach, Japan appliances.... Germany. Capital income The money that Long-term loans from The equity of shareholders invest in Korea Development Bank shareholders in 2014 is the company by bying 1.772,037,5 millions stock ( 549,040 (127,427 millions of USD (Puma ,2015) shareholders and USD) (LG, , 2015 and 1,262,216 shares in 2014, 2015) stock market, which revenue ) (Sony , 2015) Revenue income The sales and operating Gross profit of sale in Consolidated net sales of revenue were (75,410 2014 (587,501 millions of Puma in 2014 is about 3 millions U.S.D) from USD) (LG , 2015) billions of USD.(Puma , selling their products 2015) (Sony , , 2015) Capital expenditure The costs pay for The cost pay for property Capital expenditure rose assets : , machinery , ,plant , and equipment from 37 to 52 millions equipment and (899,282,millionsof USD PUMA invested in construction in progress USD ) (LG, 2015) opening more stores and are 24,712 millions refurbished their retail USD ( Sony , 2015) stores, their offices and IT equipments in 2014 (Puma ,2015) Revenue expenditure The costs that they pay The costs LG pays of The cost that they pay on for taxes , electronic promotion ,advertising, the marketing campaign bills , salary of their employees benefit
named ‘’ Forever Faster’’ employees,etc.. are (rewards , bonusess , in World Cup in Brazil is about pension,etc) are about about 1,332,5 millions of 1,802,467,millions of 9,378,465 millions of USD,retail expension,
Tutor Name: Ngo Ngoc Thuyen T3-2015 5
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting USD ( Sony , 2015) USD (LG, 2015) marketing activities are about 1,187,337 millions of USD .(Puma,2015)
Tutor Name: Ngo Ngoc Thuyen T3-2015 6
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting TASK 3 (P3)
Tutor Name: Ngo Ngoc Thuyen T3-2015 7
Student: Huynh Viet Le Duy Thinh Student ID:2146158 Business Accounting November December January February March April May Ju £ £ £ £ SALES £ 8.600 £ 6.000 9.000 £ 6.800 £ 7.000 9.000 9.300 7.2 £ £ £ £ CASH SALE £ 6.800 £ 4.200 9.000 £ 6.800 £ 7.000 9.000 9.300 7.2 £ £ £ £ CREDIT SALES £ 1.800 £ 1.800 1.800 £ 1.800 £ 1.800 1.800 1.800 1.8 COST OF GOODS SOLD £ £ £ £ (COGS) £ 7.310 £ 4.200 6.300 £ 4.760 £ 4.900 6.300 6.510 5.0 £ £ £ £ OPENING STOCKS £ - £ 2.940 4.410 £ 3.332 £ 3.430 4.410 4.557 3.5 £ £ £ £ CLOSING STOCKS £ 2.940 £ 4.410 3.332 £ 3.430 £ 4.410 4.557 3.528 4.1 £ £ £ £ TOTAL PURCHASE £ 10.250 £ 5.670 5.222 £ 4.858 £ 5.880 6.447 5.481 5.6 £ £ £ £ CASH PURCHASE £ - £ 10.250 5.670 £ 5.222 £ 4.858 5.880 6.447 5.4 £ £ £ £ CREDIT PURCHASE £ 10.250 £ 5.670 5.222 £ 4.858 £ 5.880 6.447 5.481 5.6 November December January February March April May Jun CASH INFLOWS INVESTMENT $ 8.000 BANK LOANS $ 4.000 $ $ $ $ VAT ON CASH SALES $ 1.190 $ 735 1.575 $ 1.190 $ 1.225 1.575 1.628 1.2 $ $ $ $ CASH SALES $ 6.800 $ 4.200 9.000 $ 6.800 $ 7.000 9.000 9.300 7.2 $ $ $ $ RECEIVED FROM GOV - $ - $ - - - - $ $ $ $ TOTAL INFLOWS (A) $ 19.990 $ 4.935 10.575 $ 7.990 $ 8.225 10.575 10.928 8.4 CASH OUTFLOWS FURNITURE $ 5.000 $ $ $ $ INTEREST RATE $ 20 $ 20 20 $ 20 $ 20 20 20 20 MACHINE $ 4.500 $ $ $ $ OVERDRAFT $ - $ - 27 $ 23 $ 35 40 44 41 $ $ $ $ DAVE'S SALARY 1.000 $ 1.000 $ 1.000 1.000 1.000 1.0 $ $ $ $ STAFFS'S SALARY $ 600 $ 600 600 $ 600 $ 600 600 600 600 $ $ $ $ ELECTRICITY $ 120 $ 120 120 $ 120 $ 120 120 120 120 $ $ $ $ RENT $ 350 $ 350 350 $ 350 $ 350 350 350 350 $ $ $ $ FUEL $ 100 $ 100 100 $ 100 $ 100 100 100 100 $ $ $ $ ADVERTISING $ 130 $ 130 130 $ 130 $ 130 130 130 130 $ $ $ $ TELEPHONE $ 75 $ 75 75 $ 75 $ 75 75 75 75 $ $ $ $ STATIONERY $ 140 $ 140 140 $ 140 $ 140 140 140 140 $ $ $ $ INSURANCE $ 500 $ 500 500 $ 500 $ 500 500 500 500 VAN $ 2.000 $ $ $ $ PURCHASE $ - $ 10.250 5.670 $ 5.222 $ 4.858 5.880 6.447 5.4 VAT ON CASH PURCHASE $ - $ 1.794 $ $ 914 $ 850 $ $ $
Tutor Name: Ngo Ngoc Thuyen T3-2015 1
Student: Huynh Viet Le Duy Thinh Student ID: 2146158 Business Accounting 992 1.029 1.128 959 $ $ PAY FOR GOVERMENT 430 983 $ $ $ $ TOTAL OUTFLOWS $ 11.535 $ 16.079 10.154 $ 9.194 $ 8.778 10.967 10.654 9.5 $ $ $ $ $ NET CASH FLOW $ 8.455 $ (11.144) 421 $ (1.204) (553) (392) 273 (1. $ $ $ $ $ OPENING BALANCE $ - $ 8.455 (2.689) $ (2.268) (3.472) (4.024) (4.416) (4. $ $ $ $ $ CLOSING BALANCE $ 8.455 $ (2.689) (2.268) $ (3.472) (4.024) (4.416) (4.143) (5.
Tutor Name: Ngo Ngoc Thuyen T3-2015 2