ACCA 2007 Q@

ACCA 2007 Q@ - Income Statement Revenue Less: Cost of sales...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Income Statement  Revenue 180400 Less: Cost of sales 89200 Add: Depn bldg 3000 Depn plant 14250 Less: Plant construction costs -24000 82450 Gross profit 97950 Less: Selling and Admin Distribution costs  11,000 Administrative expenses  12,500 Bldg depreciation 2000 Revaluation loss 3000 Other Gains and Losses Interest Paid 800 Investment income 2200 Investment fair value gain 600 Review:  Effective interest rate in terms of loans Revaluation reserve and entries Rights issues and accounting for that  Deferred income taxes
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Working Depreciation Bldg:  Take this year depn before revaluation
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

ACCA 2007 Q@ - Income Statement Revenue Less: Cost of sales...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online