Introduction to Accounting - Fresh Mart Project reflective journal

This is the first time I apply the accounting rules and theories that I have learnt in a real business environment. It is an amazing experience. From the purchase until the preparation of accounting, we have done it all by ourselves, it is totally same as running a real business. Some of the accounting rules such as cost principle, time period assumption have been used by us in the assignment. Fresh Mart Project let us have a better understanding of Accounting, I hope there will be more and more this kind of project in the future.