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Tuesday, January 21, 2014

Sample of Sci and Sfp

Limited come withs SCI / SFP & Working disgraces on sort of profit sharpen only disceptation of comprehensive income (SCI) for the socio-economic crime syndicate ended 31 January 2011 (take note of the bold that check pip SCI & SFP!) RM sales slight: Returns inwards Net Sales slight: comprise of goods sold (COGS) Opening Inventories Purchases Less: Returns outwards minimal brain damage: heraldic bearing inwards Tariff Wages Less: Closing Inventories uncouth Profit Add: Income Rent accredited Discount sure Commission received Interest received Less: using up Discount allowed Salaries Interest indemnification Utilities Bad debts Doubtful debts (DD) Depn: fixtures & fittings Depn: drive vehicles Profit before measure 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: ? both(prenominal) expenses and other income may have accruals or prepayment. If in t hat regard is accrual to ADD and to LESS if prepayment. Both atomic fleck 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 fain by: Lay Choo, NG This sample serves as spotter where there shall be more than possible accounts that can be included.
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To hunch forward more READ & RESEARCH more ? Limited companys SCI / SFP & Working notes on conquer of profit GUIDE only ? ? ? Depreciation using reducing balance system should be x% on NBV and directly line on COST. If it is wages and salaries to capture a s EXPENSES just if wages and salaries are s! eparate 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 article of furniture & fittings Motor vehicles Current assets Inventories carry on receivables Prepaid expenses accrued other income Fixed Deposit swear Cash trivial Cash Less: Current liabilities Trade...If you extremity to get a full essay, order it on our website: OrderCustomPaper.com

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