Using the Trial Balance with required adjustments from your case, produce the businesss SOFP and IS (show
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Question:
Using the Trial Balance with required adjustments from your case, produce the business’s SOFP and IS (show your workings)
Please follow the format in example!!!
I need to know gross profit, net profit
example answer:
can you ignore the data I provided. draw up an imaginary business’s Trial Balance (as at 01.09.2020) and come up with a list all adjustments, set data you like
and then Using the Trial Balance with required adjustments from your case study, produce the business’s SOFP and IS (show your workings). I provide this template before, need to contain elements such as:gross profit and net profit
follow the format in template
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date: