Shady Bay Resort: an accounting practice set using MYOB Accounting Plus V16 and V17

Kavanagh, Marie and Brown, Marian (2008) Shady Bay Resort: an accounting practice set using MYOB Accounting Plus V16 and V17. Pearson Education Australia, Sydney, Australia. ISBN 9780733988738

Abstract

Student ed. CD contents: MYOB Accounting Plus v16 and v17 student editions, MYOB Premier Enterprise v4 and v5 student editions, MYOB AssetManager v3.5 student edition, MYOB RetailManager v9 student edition, MYOB AccountEdge v7 student edition.

This practice set is designed to simulate the activities of a business i.e. Shady Bay Resort, and provide students with the opportunity to process a number of common transactions affecting a business over one accounting period. It should ensure a greater appreciation of:

(a) the steps required in the accounting cycle (including GST requirements);
(b) entering sales, purchases, receipts, payments and general journal entries;
(c) reconciling bank accounts, GST, Accounts Receivable and Accounts Payable;
(d) printing financial reports which summarise the activities of the business for the period; and
(e) the preparation of the Business Activity Statement.

Tyson Brown and Sharon Turner are partners and the owner/operators of Shady Bay Resort. Situated on the beach at Shady Bay, the resort is located adjacent to the main shopping area which contains a number of boutiques and entertainment areas.

The Resort caters mainly for family groups and offers guests a choice of twenty-four self-contained one, two or three bedroom units at affordable prices. Resort facilities include a swimming pool, tennis court, barbeque/entertainment area, restaurant, computer games area and a children's play area. Brown and Turner also run a Four Wheel Drive and Bicycle Hire Service. They also hire equipment for use in the pool, on the tennis court and on the golf course.

Students are asked to analyse and enter transactions for the month of June 200X using MYOB Accounting Plus, according to the instructions given.


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Item Type: Book (Commonwealth Reporting Category A)
Refereed: Yes
Item Status: Live Archive
Additional Information: © 2008 Pearson Education. Permanent restricted access to published version due to publisher copyright policy. Textbook
Faculty / Department / School: Historic - Faculty of Business - School of Accounting, Economics and Finance
Date Deposited: 21 Nov 2014 00:02
Last Modified: 21 Nov 2014 00:02
Uncontrolled Keywords: accounting practice set; MYOB v16 and v17; accounting
Fields of Research : 15 Commerce, Management, Tourism and Services > 1501 Accounting, Auditing and Accountability > 150101 Accounting Theory and Standards
08 Information and Computing Sciences > 0803 Computer Software > 080309 Software Engineering
13 Education > 1302 Curriculum and Pedagogy > 130203 Economics, Business and Management Curriculum and Pedagogy
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
URI: http://eprints.usq.edu.au/id/eprint/6370

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