Question
Cai started to trade on 1 June 2019 and decided to prepare her first accounts to 31 August 2020 andthen to 31 August each year.
Cai started to trade on 1 June 2019 and decided to prepare her first accounts to 31 August 2020 andthen to 31 August each year. Her results for the first two accounting periods are as follows:
Period end Adjusted profit after capital allowances 31 August 2020 20,11 31 August 2021 77,200
Calculate Cais first three years trading income assessments and the overlap profits
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Cost Accounting Planning And Control
Authors: Adolph Matz, Milton F. Usry
10th Edition
0538809256, 978-0538809252
