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Unit 5 - Business Accounting P4 Profit and Loss Account $0.00
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Unit 5 - Business Accounting P4 Profit and Loss Account

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  • Course
  • Unit 5 - Business Accounting
  • Institution
  • PEARSON (PEARSON)
  • Book
  • BTEC Level 3 National Business Student Book 2

This is a profit and loss account which is part of P4 in Unit 5 (Business Accounting). I received all distinctions for my work. Do not copy word for word as this is a copyrighted piece of work and copying will be an act of Plagiarism.

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Document information

  • July 13, 2017
  • 1
  • 2016/2017
  • Essay
  • Unknown
  • Distinction*

Subjects

  • business
  • level 3
  • btec
  • unit 5
  • loss
  • accounting
  • p4
  • profit

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  • BTEC
  • PEARSON (PEARSON)
  • Business 2010 QCF
  • Unit 5 - Business Accounting
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Content preview

Sheet1
Profit and Loss Account
£ £
Sales 444,000
less cost of sales
Purchases 199,800
Closing stock 12,000
211,800
Gross profit 232,200
Less expenses
Rent 26,000
Rates 18,000
Wages 67,200
Phone 720
Post 2,400
Distribution 20,800
Advertising 3,820
Loan 12,000
Heating and light 8,000
Insurance 800
Depreciation 10,500
Total expenses 170,240
Net profit before tax 61,960

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