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UNIT 2 Business Resources P5, P7

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For this assignment I interpreted the contents of a trading and profit and loss account and balance sheet for a selected company. Moreover, I illustrated the financial state of a given business. I fully met all the criteria imposed by the assignment brief.

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Uploaded on
February 25, 2016
Number of pages
14
Written in
2015/2016
Type
Essay
Professor(s)
Unknown
Grade
Pass

Subjects

  • p7
  • p7
  • unit 2 business resources p5
  • unit 2 business resources p7
  • unit 2 business resources p5
  • business level 3 unit 2 business resources p5
  • unit 2 business resources p5

Content preview

Balance Sheet of Drayton Manor Eatery




Fixed Assets


Premises 100,000



Equipment 30,000



Vehicles 21,500

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

151,500



Current Assets


Stock 16,300



Debtors 23,850



Cash 125


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

40,275

, Current Liabilities


Creditors 12,041



VAT 3,475



Bank Overdraft 851


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


( 16,367)



Working Capital (Net Current Assets) 23,908


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


175,408

Long Term Liabilities

Loan
(33,000)

Net Assets
142,408


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



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