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February 2025

Cambrige Notes: Simple Trading and Profit and Loss Account Example 2
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Cambrige Notes: Simple Trading and Profit and Loss Account Example 2

Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes

Cambrige Notes: Simple Trading and Profit and Loss Account Example 2

By Garikai Dzoma|2025-02-12T09:05:17+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Simple Trading and Profit and Loss Account (Income Statement) Example 2

From the following trial balance of J Nhiwatiwa after his first year’s trading, you are required to
draw up a trading and profit and loss account for the year ended 30 June 20X8. A statement of financial position is not required.

Stock […]

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Cambrige Notes: Sole Trader:Trading and Profit and Loss Account/Income Statement Example
Gallery
Cambrige Notes: Sole Trader:Trading and Profit and Loss Account/Income Statement Example

Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes

Cambrige Notes: Sole Trader:Trading and Profit and Loss Account/Income Statement Example

By Garikai Dzoma|2025-02-12T09:04:58+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Trading and Profit and Loss Account/Income Statement Example

From the following trial balance of S Madondo, extracted after one year’s trading, prepare a trading and profit and loss account for the year ended 31 December 20X6. A balance sheet is not required.

Stock at 31 December 20X6 was $12,408

Solution

S […]

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