PERDISCO MANUAL PRACTICE SETS & ASSIGNMENTS
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Perdisco Manual practice sets
Level 1
Known as - Performing Arts College
Level of difficulty of such assignment – The particular level of difficulty of such assignments is on the lower side. Such accounting software assignment displays beginner module.
Working pattern of such assignments - Student is not required to maintain any level of inventory for such assignment. Such practise sets are also not affected by the regime of taxation. On the other part of it in the particular online practise set there is no such reversing entry that is needed to be worked out. As it is a beginner module there is no such requirement to prepare bank reconciliation and worksheet as a part of accounting assignment.
Structure of the organsiation that is taken – In the particular level 1 accounting practise set student has to prepare the accounting and financial records for the sole proprietorship form of business organisation.
Level 2
Known as – Music and Book Wholesaler
Level of difficulty of such assignment –The difficulty level for the particular assignment is medium.
Working pattern of such assignment – Students are required to maintain the inventory level at periodic basis for the purpose of assignment. This assignment is not influenced by the taxation rates. No reversing entry is required to be filed in the particular level of online practice set assignment. Bank Reconciliation statement is required to be maintained in the particular level of assignment as a segment of accounting assignment as it is an intermediate module.
Structure of the organization that is taken – Corporation is the basic structure of the particular assignment level. Students are required to prepare special and general Journal as a part of accounting assignment.
Level 3
Known as –Coffee and Cafe Supplier
Level of difficulty of such assignment –The level of difficulty for the particular 3rd level of online practice set is medium.
Working pattern of such assignment – Students are required to overlook and maintain the inventory system at a periodic basis like the 2nd level. However, tax conditions for the particular level assignment are as same as level 2, no influence of tax over the assignment level 3. However, it is required to file the reversing entries in the suitable manner in this level of assignment. Bank reconciliation system is also required to maintain in the particular level of the assignment.
Structure of the organization that is taken- Structure of the organization is same as the previous level i.e. Corporation. Journals are required to prepared and maintained by the students for the level 3 of the assignment.
Level 4
Known as – Coffee and Cafe Supplier
Level of difficulty of such assignment –The difficulty level for the Level 4 of online practice set is Medium.Such accounting software assignment displays intermediate module.
Working pattern of such assignment – Periodic overlook of the inventory system is required to be followed by the students in the level 4 of the online practice set of the assignment. Tax is not required to be file in the particular level and no influence of tax can be seen in the particular level of practice set. However, it is required to file the reversing entries by the students in the level 4 of online practice set. Bank reconciliation system is required to be maintained in the particular level.
Structure of the organization that is taken- Corporation is the fundamental structure of the organization taken in the level 4 of the online practice set. Special and general Journals are required to be prepared by the students in level 4 of the online practice set of assignment.
Level 5
Known as – Speciality Sports Store
Level of difficulty of such assignment –Medium is the difficulty level of the level 5th of Practice set of the assignment.
Working pattern of such assignment – Other than the periodic inventory system, the system used in this level of the practice set is perpetual inventory system. No effect of tax can be noticed in the particular level of the online practice set of the assignment. Reversing entries are also not required to be file in the particular level. On the other hand, it is required to prepare the bank reconciliation system for the level by the students.
Structure of the organization that is taken-Corporation is the basic Business structure for the level 5 of the practice set. Journals are needed to be maintained in the particular level of practice set.
Level 6
Known as – Technology Boutique
Level of difficulty of such assignment –The level of difficulty is quite high in this level of the practice set of the assignment. Such accounting software assignment displays advanced module.
Working pattern of such assignment – Just like the previous level same inventory system is required to be followed in this level of practice set i.e. perpetual inventory system. Unlike the other levels of the practice set, there is a requirement filling Sales tax in the particular level of online practice set. There is no requirement of filing the reversing entries in this level of the assignment. It is required by the students to maintain bank reconciliation statement in the advanced level of the online practice set.
Structure of the organization that is taken- Corporation is the fundamental and basic business structure of the level 6th of the online practice set. Special and general journal are necessary and required to be maintained by the students in this particular level.
Accounting Software Practice Sets
Level 1
Known as - Sage 50 Gift Baskets
Level of difficulty of such assignment – The difficulty level for the level 1 of the accounting software practice set is quite low. Accounting software in this level showcases beginner module.
Working pattern of such assignment – Perpetual Inventory system is required to be maintained in this level of accounting software practice set. Sales tax is required to be filed in this level of practice set. Reversing entries are not required to be filed in the particular level of accounting software practice set. No requirement of preparing the Bank reconciliation system in this particular level.
Structure of the organization that is taken-The structure for this level of accounting software practice set is Sole proprietorship. However, it is required to maintain Special and General journals in the concerned practice set.
Level 2
Known as – Sage 50 Electronics
Level of difficulty of such assignment –The level of difficulty is medium andsuch accounting software assignment displays module of intermediate level.
Working pattern of such assignment –Perpetual inventory system is required to be maintained in level 2 of accounting software practice set. Sales tax is needed to be filed in this particular level of the practice set. No requirement of filing the reversing entries in the concerned level of set. But it is mandatory to maintain bank reconciliation statement in this level.
Structure of the organization that is taken – Unlike the first level of accounting software practice set, its business structure is corporation like the majority levels of manual practice sets. However, just like the all of above, it is required to make special and general journals in the particular level of accounting software practice sets
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