A-Levels Accounting A2 Unit 4 Karteikarten am A2 AQA Accounting Unit 4 - FLASH CARDS, erstellt von Harshad Karia am 21/05/2014.
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Erstellt von Harshad Karia
vor fast 10 Jahre
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Schließen
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Erstellt von Harshad Karia
vor fast 10 Jahre
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Describe the treatment of the unrealised profit in the financial statements [income statement
(trading and profit and loss account) and balance sheet], for year ended 31 March 2010. Include any relevant calculations.
Info.
Inventory (Stock) 18 000
Unrealised profit (3 000)
Explain why it is necessary to adjust for unrealised profit in the financial statements.
Explain two benefits of using ABC?
