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ALISON: Diploma in Business Management & Entrepreneurship

Comments about Profit and loss statements - Case study - departmental profit and loss statement

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- Module: Profit and loss statements
- Topic: Case study - departmental profit and loss statement

Latest Comments

  • Piotr Falkowski United Kingdom Media World sells DVDs and TVs. Workshop equipment is only involved in repairing TVs, service costs are only for the DVDs Media World employs three sales staff, who spend two-thirds of their time selling DVDs and one-third selling TVs. Two other people work at repairing TVs and another person works in servicing. There are two staff members employed in the office the business has four cost centres: sales, workshop, office and finance each person employed by Media World is paid $100 per day and works a five day week. The prepaid and accrued expenses must be reversed for each month the calendar for November is shown below. Dates shown in bold are the days on which staff are paid. Staff do not work on Monday and Tuesday as Media World operates in a tourist area and these are quiet days. They do work on weekends
    2014-10-15 11:10:33

  • Adil Nejjar Morocco In a case study - What is a departmental profit and loss statement?
    2014-10-10 16:10:01

  • Zachary Bashore United States of America In a case study - What is a departmental profit and loss statement?
    2014-09-14 18:09:32

  • Zachary Bashore United States of America What are depatmentgal profit and loss sta tements?
    2014-09-14 04:09:25

  • Mpanya Dikuyi Zaire Difference between Assets and Expenses
    2014-09-01 11:09:41

    • Chinenye Jennifer Ejikeme Nigeria assets is in a material form while expenses is the worth of the item in monetary form
      2014-09-04 04:09:20
    • Mpanya Dikuyi Zaire Assets belong to Balance Sheet statement and Expenses belong to Profit and Loss statement
      2014-09-01 11:09:31
  • ARIHO SIMPLISIO Uganda Are fixed and non fixed assets also entered in profit and loss?
    2014-08-13 15:08:16

    • Mpanya Dikuyi Zaire Assets belong to Balance Sheet and not Profit and Loss statement
      2014-09-01 11:09:48
    • OGENMUNGU EDWIN Uganda yes,for easy balancing of both the income and the outcome.
      2014-08-19 08:08:30
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