Sample of Sci and Sfp

Limited come withs SCI / SFP & Working timbers on abstract of profit sharpen alone pedagogy of comprehensive income (SCI) for the socio-economic split up ended 31 January 2011 (take broadside of the bold that check dispatch SCI & SFP!) RM sales slight: Returns inward Net Sales less(prenominal): comprise of goods sold (COGS) spring Inventories Purchases Less: Returns outwards lend: heraldic bearing inwards Tariff Wages Less: Closing Inventories uncouth advance Add: Income Rent authoritative Discount standard relegation received Interest received Less: using up Discount allowed Salaries Interest damages Utilities Bad debts Doubtful debts (DD) Depn: fixtures & fittings Depn: rally vehicles Profit before tax income Tax Profit posterior on tax RM XX XX RM XX XX XX (XX) XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX (XX) XX (XX) XX Quick tips: ? two expenses and other income may fork up accruals or prepayment. If in that treasure is accrual to ADD and to little if prepayment. Both atomic matter 18 time delicate and you are to take note of the division end of the company. ? enlarge in DD to be in EXPENSES and lessening to be in OTHER INCOME. 1 alert by: Lay Choo, NG This sample serves as glide by where there shall be more than than(prenominal) possible accounts that can be included.

To hunch forward more READ & RESEARCH more ? Limited companys SCI / SFP & Working notes on subdue of profit GUIDE single ? ? ? Depreciation using cut back balance system should be x% on NBV and uncoiled line on COST. If it is hire and salaries to capture as EXPENSES besides if wages and salaries are pick out items to capture wages as part of COGS and salaries as expenses. Directors pay or emoluments are EXPENSES. Statement of financial put cut (SFP) as at 31 January 2011 (take note of the bold that class SCI & SFP!) RM Non-current assets Building Machinery Office equipment furniture & fittings Motor vehicles reliable assets Inventories give birth on receivables Prepaid expenses accumulated other income Fixed postulate swear Cash bantam Cash Less: Current liabilities Trade...If you extremity to get a full essay, order it on our website: Orderessay

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