The following information has been extracted from the accounting records of Barry Bucknell Ltd for the year
Question:
The following information has been extracted from the accounting records of Barry Bucknell Ltd for the year ended 30 June 2016.
Required:
Prepare a current cost statement of profit or loss for Barry Bucknell Ltd for the year ending 30 June 2016.
Transcribed Image Text:
Revenue Historical cost trading profit Interest payable Corporation tax charge for the year Ordinary dividend proposed Additional depreciation adjustment Cost of sales adjustment Monetary working capital adjustment Gearing adjustment: L L + S £ 9,500,000 6,400,000 800,000 2,100,000 700,000 300,000 600,000 220,000 15%
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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