Description
No coping 🙏
Assignment (1)
Deadline: March 1st 2025 Time 23:59
Course Name: Principle Of Accounting
Course Code: ACCT 101
Student’s Name:
Student’s ID Number:
CRN:
Semester: 2nd
Academic Year: 1446 H
For Instructor’s Use only
Instructor’s Name: Khaled Almuaqel
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented; marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.
Assignment Question(s):
(Marks 15)
Q1: What is the definition of accounting? Additionally, where are accounting transactions recorded,
and what financial statements are published at the end of the financial period? (3 Marks)
Q2: What is the purpose of having the accounting Principles and assumptions? Then, mention one of
each. (3 Marks)
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