Alpha Geek

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    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Accounting Posted 04 May 2017 My Price 8.00

From the following trial balance of F

 

 
 

 

From the following trial balance of F. Dover drawn-up on conclusion of his first year in business, draw up a statement of profit or loss for the year ending 31 May 2017. A statement of financial position is not required.

Inventory at 31 May 2017 was £28,972.

(Keep your answer; it will be used later in Review Question 8.3A.)

 

Q

 

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 04 May 2017 11:05 AM My Price 8.00

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Attachments

file 1493896294-2112317_1_636293777204409475_statement-of-profit-or-Loss.xlsx preview (92 words )
21-----------123-----------17&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------442-----------935-----------Sta-----------tem-----------ent----------- of----------- pr-----------ofi-----------t o-----------r L-----------oss-----------Fro-----------m t-----------he -----------fol-----------low-----------ing----------- tr-----------ial----------- ba-----------lan-----------ce -----------of -----------F. -----------Dov-----------er -----------dra-----------wn------------up -----------on -----------con-----------clu-----------sio-----------n o-----------f h-----------is -----------fir-----------st -----------yea-----------r i-----------n b-----------usi-----------nes-----------s, -----------Tri-----------al -----------bal-----------anc-----------e a-----------s a-----------t 3-----------1 m-----------ay -----------201-----------7De-----------bit-----------cre-----------dit-----------£G-----------ene-----------ral----------- ex-----------pen-----------ses-----------Bus-----------ine-----------ss -----------Rat-----------esM-----------oto-----------r E-----------xpe-----------nse-----------sSa-----------lar-----------ies-----------ins-----------ura-----------nce-----------Pur-----------cha-----------ses-----------Sal-----------esC-----------arA-----------cco-----------unt-----------s P-----------aya-----------ble-----------Acc-----------oun-----------ts -----------Rec-----------eiv-----------abl-----------esP-----------rem-----------ise-----------sCa-----------sh -----------at -----------Ban-----------kCa-----------sh -----------at -----------Han-----------dCa-----------pit-----------alD-----------raw-----------ing-----------sTo-----------tal-----------sIn-----------ven-----------tor-----------y a-----------t 3-----------1 M-----------ay -----------201-----------7 w-----------as -----------£ -----------28,-----------972-----------.dr-----------aw -----------up -----------a s-----------tat-----------eme-----------nt -----------of -----------pro-----------fit-----------
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