Activity 1: Appendix D; Financial Activity Tasks
A: Asset Register B: Transaction Allocation and Coding C: Identification of receipts and payments Coding: R = Revenue, P = Payment, CR = Cash Receipt
D: Allowances and deductions
E: Other statutory reports for a partnership Annual income tax The annual income tax does not take into account the cost of personal expenses invested in the business partnership and do not also account the marginal costs. The production costs undergone by the partnership are not reflected in the report. There should be a partnership act to reflect on the mode of cost sharing and profit or revenue management in the business development in the annual reports ...
