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Unit 5 - Business Accounting - Task 3 (P4) $0.00
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Unit 5 - Business Accounting - Task 3 (P4)
 157 views  5 purchases
  • Course
  • Unit 5 - Business Accounting
  • Institution
  • PEARSON (PEARSON)

NOTE: This is a free document for all users to download because it is a document that is needed in order to complete Task 4 of this unit (P5, M2 and D2). This is an Excel document which is task 3 of Unit 5 containing P4. This document is the cash flow forecast for the given business SIGNature Ltd.

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Document information

  • February 12, 2019
  • 1
  • 2016/2017
  • Other
  • Unknown

Subjects

  • level 3
  • btec
  • business
  • 90 credit
  • unit 5
  • accounting
  • business accounting
  • task 3
  • edexcel
  • p4
  • pearson

Written for

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

Profit and Loss Account - Signature LTD Balance Sheet - Signature LTD
January - December 2016 For year ending 31st December
£ £ £ £
Sales 444,000 Fixed Assets 94,500
Less Cost of Sales
Opening Stock 0 Total 94,500
Purchases 199,800
Closing Stock 12,000 Current Assets
Cash at Bank 17,160
Total Sales 187,800 Debtors (Customers) 41,000
Stock 12,000
Gross Profit 256,200
Repayment of Bank Loan 12,000 Total 70,160
Light and Heating Bills 8,000 Current Liabilities
Insurance 800 Creditors (to Suppliers) 15,500
Distribution Cost 20,800
Telephone Bill 720
Non-domestic Rates 18,000
Wages 107,200 Net Current Assets 54,660
Advertising 3,820
Rent 26,000
Post 2,400 Total Assets Less Current Liabilities 149,160
Depreciation 10,500
Long Term Liabilities
Bank Loan 80,000
Total Expenses 210,240



Net Profit Before Tax 45,960 Total 80,000
Net Assets 69,160

Capital and Reserves
Share Capital 23,200
Retained Profit 45,960
Total 69,160

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