财务报告2011期中作业.docVIP

Trading, Profit Loss Appropriation Account Of IDS PLC of the year ending 31 december2003 000 00 000 endSales Less Cost of Goods Sold 3550 Opening Stock 600 Add Purchases 2000 2600 Less Closing Stock 290 Cost of goods sold 2310 Gross profit 1240 Add any other Business income Discount Received 220 1460 Less Expenses Administration Expenses 220 Add Accruals 25 245 Distribution Costs 340 Less Prepayment 15 325 Debenture interest Due 160 Land and Buildings 50 Plant and Machinery 40 Fixtures and Battings 30 Motor Vehicles 60 910 Net profit before taxation 550 LessCorporation Tax 190 Net profit AfterTaxation 360 Add retained profit B/F 1090 1450 Less Appropriation Preference Dividend Proposed 10 Ordinary Dividend Proposed 27 Retained Profit C/F 37 1413 Balance sheet of ids plc as at 31 December 2003 00 00 00 Fixed Assets Land and Building 2500 50 2450 Fixture Fittings 150 30 120 Plant and Machinery 650 40 610 Motor Vehicles 150 60 90 3270 Current Assets Closing Stock 290 Debtors 1500 Bank 500 Prepayments 15 2305 Less current Liabilities Creditors 1050 Accruals 25 Debenture interest Due 160 Preference Dividend Proposed 10 Ordinary Dividend Proposed 27 1462 Net Current Assets 834 Total assets Less current iabilities 4133 Less Long –Term Liabilities Debentures 1600 Net worth 513 Capital and Reserves Ordinary Share Capital 900 Preference Share Capital 200 Retained Profit C/F 1413 513 3 Financial Accounting Reporting 2