Transurban is a company that primarily builds Toll roads in Australia and overseas. The 2018… 1 answer below »
1Assignment for SubmissionSubject: BUACC 5901, Semester 1, 2019This is a Group Assignment.All questions must be completed.Question 1.Transurban is a company that primarily builds Toll roads in Australia and overseas.The 2018 Annual report for the Company is provided at the following addresshttps://www.transurban.com/about-us/reportingUsing the 2018 annual report to compare the financial results of the company between2017 and 2018. You should use any financial information provided in the 2018 report(including ratios, and narratives) to conclude on the improvements or not in financialposition and profitability. Your discussion should focus on reasons for any improvementor not (the group financial statements appear on Page 54 of the report).What other information would you need to make an assessment of Transurban?Word Limit 1000 words, Marks = 40Question 2.The 2018 FY18 UN Sustainable Development Goals progress report is provided at thefollowing addresshttps://www.transurban.com/content/dam/transurban-pdfs/01/sustainabilityreports/FY18-Sustainability-Report-SDG.pdfUse this information to explain how Transurban is meeting the UN SustainableDevelopment Goals (SDGs). What is your opinion of these initiatives?Word Limit 750 words, Marks = 302Question 3.The Unadjusted Trial Balance For Swan Jet Ski Hire As At 30 June 2019 is below:Debit CreditCash at bank $8,950Accounts receivable 6,915Prepaid insurance 5,685Marine supplies (1/7/2018) 1,235Jet Skis 121,500Accumulated depreciation – jet skis $48,000Office equipment 3,150Accumulated depreciation – office equipment 1,335Accounts payable 8,895Bank loan 37,500Unearned rental revenue 1,260D Swan, capital 47,535D Swan, drawings 12,450Rental revenue 54,405Salaries expense 22,800Repairs and maintenance expense 3,945Marine supplies expense 10,200Utilities expense 2,100Totals 198,930 198,930Additional information:1. Depreciation on the jet ski fleet for one year is $13,000. Depreciation on theoffice equipment is $600.2. Expired insurance amounted to $4,9503. A physical stocktake has determined that marine supplies on hand amounted to$600.4. The balance in the unearned rental revenue account includes $253 for servicesprovided on 27 June 2012.5. Salaries earned but not paid amounted to $1,720.6. Accrued interest on the bank loan is $3,5607. Repairs on one jet ski performed in June for $850 have not yet been paid orrecorded.8. Utilities for June of $275 have not been paid for or recorded at 30 June 2019.Required:(a) Prepare an Income Statement for the year ended 30 June 2019.(b) Prepare a fully classified Statement of Financial Position as at 30 June 2019.(10 + 15 = 25 marks)Presentation (including proper referencing) (5 marks)Total Marks = 1003BUACC5901, Group Assignment Marking SchemeNames: Student Numbers:Bases of assessment Marks PossibleQuestion 1Comparing the financial results of the Transurban groupfrom 2017 to 2018.Use of key results (and their explanation) including ratiosand narrations (15 marks).Discussion on the improvements or not in financialposition and profitability, and reasons (15 marks).What other information would you need to make anassessment of Transurban? (10 marks)/ 40Question 2.Examination of how Transurban is meeting the UNSustainable Development Goals (SDGs) (10 marks)How do you rate the sustainability of Transurban? (20marks)./ 30Question 3Presentation and Accuracy of all parts/ 25Overall Presentation – including cover page, linespacing, page numbering, referencing./ 5Total / 100
