, statement of profit or loss and other comprehensive
income of KN
Cement for the year ended 31 December 2024
Item Working Total (R)
Revenue 1,439,100 + 22,500 1,461,600
Cost of Sales -379,800
- Opening Inventory 128,600
- Purchases 320,200
- Closing Inventory -69,000
Gross Profit 1,081,800
Other Income
- Credit Losses
1,300
Recovered
Total Income 1,083,100
Expenses -298,857
- Salaries and Wages 100,400
- Depreciation -
234,000 x 12% 28,080
Machinery
- Depreciation - Furn. & (56,000 x 15%) + (14,000 x
9,625
Equip. 15% x 7/12)
income of KN
Cement for the year ended 31 December 2024
Item Working Total (R)
Revenue 1,439,100 + 22,500 1,461,600
Cost of Sales -379,800
- Opening Inventory 128,600
- Purchases 320,200
- Closing Inventory -69,000
Gross Profit 1,081,800
Other Income
- Credit Losses
1,300
Recovered
Total Income 1,083,100
Expenses -298,857
- Salaries and Wages 100,400
- Depreciation -
234,000 x 12% 28,080
Machinery
- Depreciation - Furn. & (56,000 x 15%) + (14,000 x
9,625
Equip. 15% x 7/12)
