Question
With the given information prepare the statement of Profit and Loss of the company in vertical format. Depreciation and amortisation expenses 295600 Purchase of stock
With the given information prepare the statement of Profit and Loss of the company in vertical format.
Depreciation and amortisation expenses
295600
Purchase of stock in trade
10450
Employee Benefit Costs
959139
Other Expenses
565000
Revenue from Sale of product
5000000
Other Operating Revenues
2500000
Cost of Material Consumed
1050000
Finance Cost
525000
Also share your opinion on the statement - "Revenue from operations and earnings before interest, taxes, depreciation and amortization differs from each other". How?
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
5th Canadian edition
1259269868, 978-1259269868
