With the given information prepare the statement of Profit and Loss of the company in vertical format.
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Question:
With the given information prepare the statement of Profit and Loss of the company in vertical format.
TABLE BELOW
Depreciation and amortisation expenses | 295600 |
Purchase of stock in trade | 10450 |
Employees benefit costs | 959139 |
Other expenses | 565000 |
Revenue from sale of product | 5000000 |
Other operating revenues | 2500000 |
Cost of material consumed | 1050000 |
Finance cost | 525000 |
Also share your opinion on the statement – “Revenue from operations and earnings before interest, taxes, depreciation and amortization differs from each other”. How?
The answer should be in a word format, Not writing in-plane paper. It should be a plagiarism-free. And a min of 800 words
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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