From the following details you are to draft a cash flow statement for D Duncan for the
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From the following details you are to draft a cash flow statement for D Duncan for the year
ending 31 December 2005: using the FRS 1 layout.
Transcribed Image Text:
D Duncan Profit and Loss Account for the year ending 31 December 2005 f Gross profit 44,700 Add Discounts received 410 Profit on sale of van 620 1,030 45,730 Less Expenses Motor expenses 1,940 Wages 17,200 General expenses 830 Bad debts 520 Increase in doubtful debt provision 200 Depreciation: Van 1,800 22,490 23,240
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Related Book For
Business Accounting Uk Gaap Volume 1
ISBN: 9780273718765
1st Edition
Authors: Frank Wood, Alan Sangster
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