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Contents Page

Page 3 ~ Section A – Trading, Profit and loss account for Mr. Stanley

Page 4 ~ Section B – Balance Sheet for Mr. Stanley

Page 5 ~ Section C

Page 6 ~ Section D

Page 7 ~ Section E

Page 8 ~ Section F

Page 9 ~ Section G

Page 10 ~ Section H

Page 11 ~ Bibliography


Trading, Profit & Loss account
for Mr. Stanley relating to trading during January 1st 2002 to December 31st 2002

£ £ £
Sales 125000
Less Cost of Sales
Opening Stock 10430
Add Purchases 67634
78064
Less returns outward 48 78016
Add Carriage Inward 2120
80136
Less Closing Stock 11250 68886
GROSS PROFIT 56114

Less Expenses
Salaries 28400
Postage & Stationary 98
Rent & Rates (2900-860) 2040
Packaging 3217
Bad debt 126
Provision for Bad Debt 60
Insurance 1220
Electricity (953+263) 1216
Depreciation (3000 + 1680) 4680 41057......

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Approximate Word Count: 1440
Approximate Pages: 6 (250 words per double-spaced page)

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