Finance and accounting
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AIN1501 study notes and full Study Units in one PDF document. easy to search for key words and study towards exams.
The extracts of the financial statements of TBN Limited for 2023 are provided below: Extract of the Statement of Comprehensive Income for the year ended 31 December 2023 R Sales (credit) 988 000 Less cost of sales 400 000 Gross profit 560 000 Less Operating expenses 160 000 Operating profit 400 000 Less interest expense 70 000 Profit before tax 330 000 Profit after tax 280 000 Extract of Statement of Financial Position as at 31 December 2023 Non-current assets Inventories 266 000 ...
The extracts of the financial statements of TBN Limited for 2023 are provided below: Extract of the Statement of Comprehensive Income for the year ended 31 December 2023 R Sales (credit) 988 000 Less cost of sales 400 000 Gross profit 560 000 Less Operating expenses 160 000 Operating profit 400 000 Less interest expense 70 000 Profit before tax 330 000 Profit after tax 280 000 Extract of Statement of Financial Position as at 31 December 2023 Non-current assets 1 140 000 Inventories ...
international accounting
