MEMORISE

Beschreibung

Undergraduate IFA Karteikarten am MEMORISE, erstellt von Ugne Pa am 24/03/2014.
Ugne Pa
Karteikarten von Ugne Pa, aktualisiert more than 1 year ago
Ugne Pa
Erstellt von Ugne Pa vor mehr als 10 Jahre
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Zusammenfassung der Ressource

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Closing Balance Sheet (how to get it?) • OPENING BALANCE SHEET • + INCOME FOR THE YEAR → INCOME STATEMENT • +/- CAPITAL INTRODUCED INTO THE BUSINESS OR WITHDRAWN
Capital Account BALANCE AT START OF YEAR ADD: PROFIT FOR YEAR ADD: CAPITAL INTRODUCED LESS: DRAWINGS BALANCE AT END OF YEAR
Format of Income Statement REVENUE LESS: COST OF SALES =GROSS PROFIT LESS: EXPENSES =PROFIT FOR THE YEAR (TRANSFERRED TO CAPITAL ACCOUNT)
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