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  • PEARSON (PEARSON)
  • Business 2010 QCF
  • Unit 5 - Business Accounting
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Unit 5 P4

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Unit 5 - Business Accounting
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Unit 5: P4 – Rahatur Rouf


City of Westminster College

Profit and Loss Account for Year Ended 31.12.16




Profit and Loss Account for City of Westminster College

£ £

Sales 444,000

Less Cost of Sales 187,800

Gross Profit 256,200

Expenses

Rent 26,000

Telephone and Post Bills 3,120

Distribution Cost 20,800

Advertisement cost 3,820

Repayment on Bank Loans 12,000

Light and Heating Bills 8,000

Insurance 800

Rates 18,000

Wages 67,200

Depreciation 10,500

Total expenses 172,240

Net Profit 85,960

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BTEC
Subject
Business 2010 QCF
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January 29, 2018
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1
Written in
2016/2017
Type
Essay
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Unknown
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