The Following Are Extracts From An Income Statement For The Year Ended 31 December 2009

The following are extracts from an income statement for the year ended 31 december 2009 000 sales revenue 10 000 cost of sales 8 500 distribution costs 300 administrative expenses 200 net interest paid 150 taxation 500 dividends 100 the profit after tax is 5 points 1.

The following are extracts from an income statement for the year ended 31 december 2009. The following additional information is available. After which it may be disposed of for 100 000. The following data were extracted from the income statement of keever inc. The following are extracts from an income statement for the year ended 31.

The following are extracts from an income statement for the year ended 31 december 2012. 1 answer to classify the costs listed in alternate problem a as either product costs or period costs. Prepare the consolidated income statement to. The following income statements have been produced by p and s for the year ended 31 december 20x9.

Presley manufacturing company is a producer of music compact discs cds and tapes. On 31 december 20x9 s stillhad half of these goods in inventories at the year end. These goods had cost p 28 000. During the year ended 31 december 20x9 p had sold 42 000 worth ofgoods to s.

The revenues and expenses on an income statement report the financial impact of activities in just the current period whereas items on a balance sheet will continue to have a financial impact beyond the end of the current period. A prepare income statement for the year ended 31 december 2014. The following are extracts from an income statement for the year ended 31. Prepare the necessary closing entries at december 31 2009.

Determine for each year 1 the inventory turnover and 2 the number of daysâ sales in inventory. Inventory at 31 december 2014 was valued at 4500. December 2009 e000 sales revenue 10 000 cost of sales 8 500 bistribution costs 300 administrative expenses 200 het interest and 150 taxation 500 diwdend s 100 1 500 1 050 850 350. What was the net book value of the plant and machinery at 31 december 2009.

B prep are a balance sheet as at 31. Balance sheet accounts are considered permanent whereas income statement accounts are considered temporary. What is the gross profit. The following balances are taken from the books of george anderson at the end of his first year trading on 31 december 2014.

R a r1 500 000 b r10 000 000 c r1 200 000 d r1 000 000 uploaded by. The following account balances are for the year ended 2009 december 31 administrative expenses 60 000 depreciation expense.