A-Levels Accounting A2 Unit 4 FlashCards sobre A2 AQA Accounting Unit 4 - FLASH CARDS, criado por Harshad Karia em 21-05-2014.
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Criado por Harshad Karia
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Criado por Harshad Karia
aproximadamente 10 anos atrás
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Describe the treatment of the unrealised profit in the financial statements [income statement
(trading and profit and loss account) and balance sheet], for year ended 31 March 2010. Include any relevant calculations.
Info.
Inventory (Stock) 18 000
Unrealised profit (3 000)
Explain why it is necessary to adjust for unrealised profit in the financial statements.
Explain two benefits of using ABC?
