From the following information extracted from the annual accounts of JAIYEOLA PLC for the year ended...
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From the following information extracted from the annual accounts of JAIYEOLA PLC for the year ended 31 December 20x5, you are required to prepare the company's Statement of Value Added for the year. 3 Sales (net of value added tax) Raw materials inventory at 1 January 20X5 Raw materials inventory at 31 December 20X5 Royalties received Purchase of raw materials. Payables as at 1" January 20x5 Payables as at 31 December, 20X5 Receivables as at 1¹ January 20x5 Peceivables as at 31 December 20X5 Wages (net of PAYE) PAYE deductions Staff pensions Company income tax (statement of comprehensive income) Taxation payable at 1 January 20X5 A'000 1,716 302 735 74 1,231 257 423 595 986 278 74 70 165 460 Taxation payable at 31st December 20x5 Dividend paid Jaiyeola Plc's share of earnings of associated company Deprecation (Statement of Comprehensive Income) Purchase of non-current assets Dividend received from associated companies Interest paid for the year Retained profits for the year Accumulated deprecation at 31st December 20X5 320 140 165 152 1,100 78 175 202 1,631 From the following information extracted from the annual accounts of JAIYEOLA PLC for the year ended 31 December 20x5, you are required to prepare the company's Statement of Value Added for the year. 3 Sales (net of value added tax) Raw materials inventory at 1 January 20X5 Raw materials inventory at 31 December 20X5 Royalties received Purchase of raw materials. Payables as at 1" January 20x5 Payables as at 31 December, 20X5 Receivables as at 1¹ January 20x5 Peceivables as at 31 December 20X5 Wages (net of PAYE) PAYE deductions Staff pensions Company income tax (statement of comprehensive income) Taxation payable at 1 January 20X5 A'000 1,716 302 735 74 1,231 257 423 595 986 278 74 70 165 460 Taxation payable at 31st December 20x5 Dividend paid Jaiyeola Plc's share of earnings of associated company Deprecation (Statement of Comprehensive Income) Purchase of non-current assets Dividend received from associated companies Interest paid for the year Retained profits for the year Accumulated deprecation at 31st December 20X5 320 140 165 152 1,100 78 175 202 1,631
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Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
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