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Unit 5/8 Unit 5 - Business Accounting P4 Prepare a profit and loss account and balance sheet for a given organisation/Unit 8 - Accounting Systems P5 prepare a trading and profit and loss account and a balance sheet from a trial balance or list of ledger b
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Unit 5 - Business Accounting P4 Prepare a profit and loss account and balance sheet for a given organisation Unit 8 - Accounting Systems P5 prepare a trading and profit and loss account and a balance sheet from a trial balance or list of ledger balances BTEC level 3 business extended diploma. This ...

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  • January 4, 2021
  • January 4, 2021
  • 2
  • 2018/2019
  • Other
  • Unknown

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  • btec extended diploma
  • unit 5 p4
  • unit 5 business accounting
  • p4 prepare a profit and loss account and balance sheet for a given organisation
  • prepare a profit and loss account and balance sheet for a giv

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MARK KINGSTON

TRADING PROFIT AND LOSS ACCOUNT

£ £

Sales 192,587
Opening stock 2,468
Add purchases 66,214
Less closing stock 61,825
COST OF GOODS SOLD 61,825
GROSS PROFIT 130,762
LESS EXPENSES
Returns inwards 1,111
Wages 67,491
Rent and rates 5,400
Advertising and insurance 3,780
Lighting and heating 6,437
Motor expenses 18,342

Total Expenses 102,561

NET PROFIT 28,201
YEAR ENDING 31ST OCTOBER 2018

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