homework due for tonight

Task 3 Trading and Profit and Loss Accounts & Balance Sheets JAP4. European Fine Foods nanuary 2013, Ania Borkowska se up wholesale business Importing rood, drinks and other products from her native Poland and selling them to small retailers in the London area. The business known as European Fine Foods, was initially set up as a sole prader-ship, using Ania's own savings and a loan from her parents However, the business was so successful that she has decided to expand and turn it into a private limited company. She needs to produce a set of accounts (P&L and a Balance Sheet) to show how well the business is doing and also to attract investors. She has approached your firm of accountants to do this on her behalf and has provide you with the following financial data for year ending 31/12/18:- 1.500 lc PAL OBS? Owner's Investment 32,600 Sales Tumover 136.000 Value of Stock at 31/12/17 5.000 Vocational value of Stock at 31/12/16 9,350 Scenario or purchased during the year Context 103.250 Warehouse rent and rates 12 200 wage for part time 9.Sed Advertising 4,700 Insurance 1480 Depreciation Loan Interest 1.820 Electricity Telephone Motoring Costs 1.900 Drawings during the you 6.950 Equipment 15.00 Ivan 8.000 Customers yet to pay (Debtors) 21.500 Cash in bank account 3.000 Outstanding trade credit 17.500 Loan from parents 11. Sod This provides evidence for P4. Date issued: W/c9/03/20 Deadline: Friday, 13th March 2020 10.00 pm Task 3 Checklist of Poland Balance sheet completed in MS Excel evidence required Criteria covered by this taski Unit/Criteria o achieve the criteria you must show that you are able to reference Prepare a profit and loss count and balance sheet for a selected business P4