The following information was extracted from the financial statements of I. Ching (Book sellers) plc for
Question:
The following information was extracted from the financial statements of I. Ching (Book sellers) plc for the year to 31 December 2020:
Required:
Prepare a statement of comprehensive income for the year ended 31 December 2020.
Transcribed Image Text:
Finance charges Cost of sales Distribution expenses Revenue Administration expenses Other expenses Gain on revaluation of property, plant and equipment Loss on foreign currency translations on foreign operations Tax on profit for the year Tax on other components of comprehensive income £m 40 460 110 943 212 25 20 15 24 1
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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