W4 Day 18 of Nana's Internship

Activity
- Created and keyed in the Property, Plant and Equipment (PPE) Schedule to calculate depreciation expenses for the client’s business.
- Printed and filed all documents related to the business owner into his personal file for record-keeping purposes.
- Continued the task assigned by Mr. Lim — keying in handwritten transactions into Excel. I adjusted and categorized all transactions into the correct accounts.
- Started the task Ms. Chan gave me yesterday by keying in January’s cash sales of the new client’s business into Excel.
Key Learning
- Learned how to create and record a PPE schedule to calculate depreciation.
- Practiced proper filing techniques for personal business records.
- Improved skills in interpreting and organizing handwritten financial data.
- Gained experience in classifying transactions accurately in Excel.
- Strengthened ability to multitask between ongoing and newly assigned responsibilities.
Reflection
Today, I
learned how to create and key in the Property, Plant and Equipment Schedule to
calculate depreciation for a client’s business, which helped me understand how
fixed assets are handled in accounting. I also printed and filed important
documents related to the business owner, which showed me the importance of
organized record-keeping. I continued working on Mr. Lim’s task of entering
handwritten transactions, and I was able to categorize them into the right
accounts after some careful adjustment. Lastly, I began keying in January's
cash sales for the new client as assigned by Ms. Chan yesterday. Although I’m
still gaining confidence in this task, I’m starting to feel more familiar with
the process.