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You have recently graduated from VU and are now working for a small accounting firm. The firm recently purchases MYOB software for internal use. Upon learning that you had learnt MYOB as part of your study, the firm's partner asks you to set up and process a number of transactions into relevant accounts.
Required
1. Set up the firm on MYOB using your name and student ID.
2. The financial year must be 1 January 2010 to 31 December 2010
3. Process the transactions listed in appendix 1 into relevant accounts.
4. Print out and submit the income statement, balance sheet, cash flows statement and the trial balance for the year ending 31 December 2010 as per appendix 2.
EARNINGS AFTER TAX-1500000 NUMBER OF EQUITY SHARE OUTSTANDING-300000 DIVIDEND PAID 600000 PRICE-EARNING RATIO-101 RATE OF RETURN ON INVESTMENT-20% WHAT IS OPTIMUM DIVIDEND PAY OUT
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