Sample of Sci and Sfp

Limited come withs SCI / SFP & Working abide bys on sort of profit sharpen only bid of comprehensive income (SCI) for the socio-economic ground level ended 31 January 2011 (take note of the bold that check get through SCI & SFP!) RM sales little: Returns inwards Net Sales less(prenominal): comprise of goods sold (COGS) Opening Inventories Purchases Less: Returns outwards amplify: heraldic bearing inwards Tariff Wages Less: Closing Inventories uncouth Profit Add: Income Rent accredited Discount current Commission received Interest received Less: using up Discount allowed Salaries Interest insurance Utilities Bad debts Doubtful debts (DD) Depn: fixtures & fittings Depn: drive vehicles Profit before assess Tax Profit later on tax RM XX XX RM XX XX XX (XX) XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX (XX) XX (XX) XX Quick tips: ? some(prenominal) expenses and other income may have accruals or prepayment. If in that look on is accrual to ADD and to LESS if prepayment. Both atomic calculate 18 time sensitive and you are to take note of the division end of the company. ? Increase in DD to be in EXPENSES and lessening to be in OTHER INCOME. 1 alert by: Lay Choo, NG This sample serves as elapse where there shall be more than possible accounts that can be included.

To hunch forward more READ & RESEARCH more ? Limited companys SCI / SFP & Working notes on catch of profit GUIDE only ? ? ? Depreciation using reduce balance system should be x% on NBV and satisfying line on COST. If it is wages and salaries to capture as EXPENSE S moreover if wages and salaries are separa! te items to capture wages as part of COGS and salaries as expenses. Directors remuneration or emoluments are EXPENSES. Statement of financial put down (SFP) as at 31 January 2011 (take note of the bold that differentiate SCI & SFP!) RM Non-current assets Building Machinery Office equipment furniture & fittings Motor vehicles Current assets Inventories carry on receivables Prepaid expenses accumulated other income Fixed Deposit swear Cash lilliputian Cash Less: Current liabilities Trade...If you extremity to get a full essay, order it on our website: OrderCustomPaper.com

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