BTEC Business Unit 5, Business Accounting P4 (Prepare a profit and loss account and balance sheet for a given organisation)

Unit 5: Business Accounting P4




P4




Unit – 5 (Business Accounting)

BTEC National Diploma In Business Level 3




The Date
Your Name
Your Teacher




1

,Unit 5: Business Accounting P4


Unit 5 – Business Accounting


On completion of this unit I should:
1) Understand the purpose of accounting and the categorisation of business income and expenditure.
2) Be able to prepare a cash flow forecast.
3) Be able to prepare profit and loss accounts and balance sheet.
4) Be able to review business performance using simple ration analysis.


Task 4:
1. Prepare a profit and loss account and balance sheet for a given organisation.


Stuart and Paul as Park Stores supplying Sports Equipment’s have just completed their latest
financial year. The have maintained accurate financial records and have listed year-end figures.
As qualified accounting technician, Park store has employed your services in preparing their
accounting statements for the year ending 31.12.2013




2

, Unit 5: Business Accounting P4




Park Stores Trading, Profit and Loss account Year
ending 31.12.2013




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