Unit 2 Business Resources – Profit and loss account
Name: Anushka Dsilva
Tutor group: B
You are required to complete the Trading, Profit and Loss Account for Jute
Fashions Ltd. for the year ended 2018 using the figures below:
1. Bank interest and charges 2,500
2. Wages and salaries 80,000
3. Rent and rates 40,000
4. Electricity 30,000
5. Advertising 15,000
6. Motor expenses 24,000
7. Insurance 9000
8. Distribution 12, 000
9. Website maintenance 4,000
10.Depreciation on motor vehicle 10,000
11.Opening stock 30,000
12.Purchases 70,000
13.Closing stock 35,000
14.Sales turnover 350,000
1
Name: Anushka Dsilva
Tutor group: B
You are required to complete the Trading, Profit and Loss Account for Jute
Fashions Ltd. for the year ended 2018 using the figures below:
1. Bank interest and charges 2,500
2. Wages and salaries 80,000
3. Rent and rates 40,000
4. Electricity 30,000
5. Advertising 15,000
6. Motor expenses 24,000
7. Insurance 9000
8. Distribution 12, 000
9. Website maintenance 4,000
10.Depreciation on motor vehicle 10,000
11.Opening stock 30,000
12.Purchases 70,000
13.Closing stock 35,000
14.Sales turnover 350,000
1
