Income Statement Grade 10 Pdf

On this page you can read or download grade 10 income statement question paper in pdf format.

Income statement grade 10 pdf. 10 post closing trial balance as at 28 february 2015 debit credit balance sheet accounts section. Income tax computation kaplan financial ltd. To finalize your income statement add a header to the report identifying it as an income statement. In arriving at net income the statement presents the following subtotals.

Accounting grade 12 session learner notes section b. Grade 10 answer book. View 10 pdf from business bus2sus at la trobe university. Chapter 4 income statement and related information 4 3 illustration illustration 4 2 presents an income statement for boc hong company.

Other operating income 18 500 r. At the top of the income statement the first thing you will notice is that it tells you what period the information is for typically a month a quarter or a year. Download grade 10 income statement question paper document. Finalize the income statement.

If you don t see any interesting for you use our search form on bottom. The other key thing at the top of the income statement is to tell you whether the amounts shown are actual dollars down to the penny or whether these are truncated numbers. Extract from the income statement as at 28 february 2015 depreciation equipment 600 depreciation vehicle 3 024 net profit for the year 25 790. Download case study income statement grade 10 document.

Income statement mature bag pty ltd income statement as at 31st march 2020 absorption costing method sales 94 99. Accounting grade 10 exemplar year end question paper solution to question 3 3 1 peggy perumal trading as peggy s fashions income statement for the year ending 28 february 2005 sales 600 000 pp 599 200 cost of sales 350 000 gross profit 249 200 r add. Enter the figure into the final line item of your income statement. Boc hong s in come statement includes all of the major items in the list above except for discontin ued operations.

55 marks 30 minutes projected income statement you are provided with the projected income statement and additional information relating to helen s hair stylists for the period april to june 2010. The income statement format above is a basic one what is known as a single step income statement meaning just one category of income and one category of expenses and prepared specifically for a service business. Income tax computation kaplan financial ltd. 2 of 14.

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