Question
Please show the format and workings Cheetahs Limited's Statement of Comprehensive Income for the year ended 31 December 2021 and the Statement of Financial Position
Please show the format and workings
Cheetahs Limited's Statement of Comprehensive Income for the year ended 31 December 2021 and the Statement of Financial Position as at 31 December 2021 and 2020 are as follows: Statement of Comprehensive Income Revenue Less Cost of sales Gross profit Less Distribution costs Administrative expenses Rental income Operating profit Less Interest payable Profit on ordinary activities before taxation Less Tax on profit on ordinary activities Profit on ordinary activities after taxation Retained profit brought forward from last year Less Dividend paid on ordinary shares Retained profit carried forward R million (m) 723 (453) 270 71 30 (101) 169 27 196 (26) 170 (36) 134 123 257 (60) 197
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Financial and managerial accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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111800423X, 9781118233443, 1118016114, 9781118004234, 1118233441, 978-1118016114
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