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Business level 3 unit 5 p4

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2016/2017 Written for academic year
Institution PEARSON (PEARSON)
Module Unit 5 - Business Accounting
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Prepare a profit and loss account and balance sheet for a given organisation.

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Trading Profit and Loss account for the Y/E -------

£
Sales
Less: Returns inwards or Sales returns




Cost of sales
Opening inventory ### 48,560
Purchases ### 129,745
Returns outwards or Purchase returns ### 619
Carriage inwards ### 480
Closing inventory ### 55,350
------------

Gross profit

Discount received ### 811
Rent received ### 0
Interest received ### 0
------------



Expenses

General expenses ### 8,594
Wages and salaries ### 29,551
Rent and rates ### 10,926
Carriage outwards ### 2,110
Discount allowed ### 664



-------------

Net profit

Document information

Study Level
BTEC
Subject
Business 2010 QCF
Uploaded on
March 14, 2018
File latest updated on
June 17, 2019
Number of pages
6
Written in
2016/2017
Type
Other
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Unknown
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