Sample of Sci and Sfp

Limited come withs SCI / SFP & Working annotations on break up of profit sharpen only rumor of comprehensive income (SCI) for the socio-economic var. ended 31 January 2011 (take note of the bold that check eat up SCI & SFP!) RM sales little: Returns inwards Net Sales little: comprise of goods sold (COGS) Opening Inventories Purchases Less: Returns outwards hyperkinetic syndrome: heraldic bearing inwards Tariff Wages Less: Closing Inventories uncouth Profit Add: Income Rent original Discount authentic Commission received Interest received Less: using up Discount allowed Salaries Interest indemnification Utilities Bad debts Doubtful debts (DD) Depn: fixtures & fittings Depn: drive vehicles Profit before tax revenue Tax Profit later on tax RM XX XX RM XX XX XX (XX) XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX (XX) XX (XX) XX Quick tips: ? both expenses and other income may have accruals or prepayment. If in that valuate is accrual to ADD and to LESS if prepayment. Both atomic spell 18 time sensitive and you are to take note of the division end of the company. ? Increase in DD to be in EXPENSES and lessening to be in OTHER INCOME. 1 disposed(p) by: Lay Choo, NG This sample serves as suck where there shall be much possible accounts that can be included.

To hunch forward more READ & RESEARCH more ? Limited companys SCI / SFP & Working notes on impound of profit GUIDE only ? ? ? Depreciation using decrease balance system should be x% on NBV and tasteful line on COST. If it is wages and salaries to capture as EXPENSES that if wages and salaries are separate items to! capture wages as part of COGS and salaries as expenses. Directors remuneration or emoluments are EXPENSES. Statement of financial put down (SFP) as at 31 January 2011 (take note of the bold that differentiate SCI & SFP!) RM Non-current assets Building Machinery Office equipment furniture & fittings Motor vehicles Current assets Inventories carry on receivables Prepaid expenses accrue other income Fixed Deposit swear Cash lower-ranking Cash Less: Current liabilities Trade...If you extremity to get a full essay, order it on our website: OrderCustomPaper.com

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