The information given below has been extracted from the accounting records of Cedarwood Ltd for the year

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The information given below has been extracted from the accounting records of Cedarwood Ltd for the year ending 30 June 2004. Prepare a statement showing the current cost operating profit to 30 June 2004.

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The information given below has been extracted from the accounting records of Cedarwood Ltd for the year

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f Revenue 2,500,000 Historical cost operating profit 1,400,000 Current cost adjustments Additional depreciation adjustment 500,000 Cost of sales adjustment 750,000 Monetary working capital adjustment 25,000

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Business Accounting Uk Gaap Volume 2

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