Can a student be successful in accounting class without an understanding of the rules of debits and credits?

Questions 1 (Marks 5)

 

1: A classmate is considering dropping her accounting class because she cannot understand the rules of debits and credits. 2 Marks

a.Can the student be successful in the course without an understanding of the rules of debits and credits?

b.Explain the rules of debits and credits in a way that will help her understand them.

 

 

2: What do you know about (ACCA, CPA, and CMA) certificates? 3 Marks

 

 

Questions 2 (10 Marks)

 

1. 
Go to the site 
www.Tadawul.com.sa

2. 
Click on Equities 

3. 
Click on 
Market performance 

4. 
Choose any company 

5. 
After you chose the preferred company click on statements & indicators 

6. 
Attach annual reports of 201
4
 and 201
5
 for the 
selected company
(Only 
Balance Sheet
 and 
Income 
Statement
)
 
(1 Mark )

7. 
A
nalyze
 
the
 company’s financial report i.e. loo
k at the 
net 
income
 in year 201
4
 and 201
5
 and 
look at the 
Current
 assets
 in 201
4
 and 201
5

Current
 liabilities
 in 201
4
 and 201
5
.
 
(4 Mark)
define what is 
liquidity
 
(1 Mark)

8. 
A
fter Analyzing
 
write
 whether the company is moving in the right direction or 
not.
 
(1 Mark)
 

9. 
Write who are the shareholders in the selected company 
.(2 Mark )

10. 
Write a brief summary about the selected 
company. 
(1 Mark )