The revenue income and expenditure for Smart Sports is given in Table 2 4 From this information, prepare the income statement (Table 2 5) for the year ended 31 December 2011 Table 2 4 Revenue income Sales 51,000 Revenue expenses Purchases 34,500 Electricity 1,920 Insurance 1,750 Telephone 1,500 Sun...

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The revenue income and expenditure for Smart Sports is given in Table 2.4. From this information, prepare

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The revenue income and expenditure for Smart Sports is given in Table 2.4. From this information, prepare the income statement (Table 2.5) for the year ended 31 December 2011.

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Accounting A Smart Approach

ISBN: 9780199587414

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Authors: Mary Carey, Jane Towers Clark, Cathy Knowles

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The revenue income and expenditure for Smart Sports is given in Table 2.4. From this information, prepare

Question:

Table 2.4 Revenue income Sales 51,000 Revenue expenses Purchases 34,500 Electricity 1,920 Insurance 1,750 Telephone 1,500 Sundry expenses 1,650 Accountant's fees 1,500 Delivery costs 1,200

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Accounting A Smart Approach

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