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  • PEARSON (PEARSON)
  • Business 2010 QCF
  • Unit 8 - Accounting Systems
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Summary P5 Unit 8

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PEARSON (PEARSON)
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Unit 8 - Accounting Systems
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Distinction achieved in Unit 8

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P5 Unit 8




Profit & Loss Account



Amount Amount

Sales 60,200

Less Cost of Goods Sold:


Opening Stock 4,930
Add (+) Purchases 28,200
Less (-) Closing Stock 5,600
Cost of Goods Sold 27,530
Gross Profit 32,670
Expenses

Wages & Salaries 15,750

Add (+) Rent 7,300

Add (+) Electricity 1,040
Add (+) Advertising

Total Expenses 24,090
Net Profit 8,580




Balance Sheet

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Study Level
BTEC
Subject
Business 2010 QCF
Uploaded on
February 7, 2018
Number of pages
3
Written in
2015/2016
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Summary
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