These pages contain photocopiable proforma layouts for financial statements and accounts, including:
1) Income statements and balance sheets for sole traders and limited companies.
2) A cash budget template.
3) Blank ledger account templates.
The formats can be photocopied for students to use when preparing financial statements.
Our financial result in 2016 was good, despite the challenging market environment. Orders received exceeded sales and our profitability remained on a satisfactory level even though sales decreased. A strong cash flow and balance sheet create a solid foundation for the future. More info: metso.com/2016
The account prepared by the trader to get the information about the gross profit or gross loss from the business within a certain period (such as one year or six months) is called ‘trade account’. In fact, the meaning of trading account is such an account from which gross profit or loss is known through the purchase and sale of goods.
Acording to J.R. Batliboi — The Trading Account shows the results of buying and selling of goods. In preparing this account, the general establishment change are ignored and only the transaction in good anr included.
This explains the meaning of trading account.
According to this definition, trading account can also be called Goods Account, because only transactions related to goods are accounted for in it, such as- (i) opening stock, (ii) purchase of goods, (iii) Purchase returns, (iv) Sales of goods, (v) Sales returns, (vi) Closing stock, (vii) Cost of manufacturing the goods, (viii) Cost of purchasing the goods and bringing them to the place of business.
Our financial result in 2016 was good, despite the challenging market environment. Orders received exceeded sales and our profitability remained on a satisfactory level even though sales decreased. A strong cash flow and balance sheet create a solid foundation for the future. More info: metso.com/2016
The account prepared by the trader to get the information about the gross profit or gross loss from the business within a certain period (such as one year or six months) is called ‘trade account’. In fact, the meaning of trading account is such an account from which gross profit or loss is known through the purchase and sale of goods.
Acording to J.R. Batliboi — The Trading Account shows the results of buying and selling of goods. In preparing this account, the general establishment change are ignored and only the transaction in good anr included.
This explains the meaning of trading account.
According to this definition, trading account can also be called Goods Account, because only transactions related to goods are accounted for in it, such as- (i) opening stock, (ii) purchase of goods, (iii) Purchase returns, (iv) Sales of goods, (v) Sales returns, (vi) Closing stock, (vii) Cost of manufacturing the goods, (viii) Cost of purchasing the goods and bringing them to the place of business.
Fundamentals of abm2 statement of comprehensive income abm specialized subjectGian Paulo Rabanal, LPT
Fundamentals of ABM2
based on the book Fundamentals of ABM 2 by D. R. C. Salazar, CPA
Learning Competencies Covered:
ABM_FABM12-Ic-d5
ABM_FABM12-Ic-d6
ABM_FABM12-Ic-d7
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
2. INCOME STATEMENT OF ............................................................
FOR THE YEAR/PERIOD ENDED ...............................
£ £ £
Revenue ......
Less Sales returns ......
Net revenue ......
Opening inventories ......
Purchases ......
Carriage in ......
Less Purchases returns ......
Net Purchases ......
......
Less Closing inventories ......
Cost of sales ......
Gross profit ......
Add income:
eg Discounts received ......
Reduction in provision for doubtful debts ......
Bad debts recovered ......
Profit on sale of non-current assets ......
......
Less expenses:
eg Vehicle running expenses ......
Rent ......
Rates ......
Heating and lighting ......
Telephone ......
Salaries and wages* ......
Discounts allowed ......
Carriage out ......
Provision for depreciation of non-current assets ......
Loss on sale of non-current assets ......
Bad debts written off ......
Increase in provision for doubtful debts ......
......
Profit/(loss) for the year ......
*Wages are sometimes listed as an expense in the trading section of the income statement
SOLE TRADER: INCOME STATEMENT
3. BALANCE SHEET OF ................................. AS AT ...........................
Non-current Assets Cost Depreciation Net book value
£ £ £
Property ...... ...... ......
Equipment ...... ...... ......
Vehicles ...... ...... ......
etc ...... ...... ......
...... ...... ......
Current Assets
Inventories ......
Trade receivables ......
Less provision for doubtful debts ......
......
Prepayment of expenses (other receivables) ......
Accrual of income (other receivables) ......
Bank/cash (cash and cash equivalents) ......
......
Less Current Liabilities
Trade payables ......
Accrual of expenses (other payables) ......
Prepayment of income (other payables) ......
Bank overdraft ......
......
Net Current Assets or Working Capital ......
......
Less Non-current Liabilities
Loans ......
NET ASSETS ......
FINANCED BY
Capital
Opening capital ......
Add Profit/(Less Loss) for the year ......
......
Less Drawings ......
......
SOLE TRADER: BALANCE SHEET
Practical point: When preparing handwritten final accounts it is usual practice to underline all the headings and sub-
headings shown in bold print in the example layout.
4. ................................................ LIMITED
INCOME STATEMENT FOR THE YEAR/PERIOD ENDED
£ £
Revenue ......
Opening inventories ......
Purchases ......
......
Less Closing inventories ......
Cost of sales ......
Gross profit ......
Less Overheads:
Distribution costs ......
Sales and marketing expenses ......
Administration costs ......
......
Profit/(loss) from operations ......
Less Finance costs ......
Profit/(loss) before tax ......
Less Tax ......
Profit/(loss) for the year ......
STATEMENT OF CHANGES IN EQUITY (EXTRACT)
Retained earnings
Balance at start of year ......
Profit for the year ......
......
Less Dividends paid in year ......
Balance at end of year ......
LIMITED COMPANY: INCOME STATEMENT
5. ................................................ LIMITED
BALANCE SHEET AS AT .................................................
Non-current Assets Cost/Reval’n Depreciation Net book value
£ £ £
Intangible
Goodwill ...... ...... ......
Property, plant and equipment
Property ...... ...... ......
Machinery ...... ...... ......
Fixtures and fittings ...... ...... ......
etc ...... ...... ......
...... ...... ......
Current Assets
Inventories ......
Trade and other receivables ......
Cash and cash equivalents ......
......
Less Current Liabilities
Trade and other payables ......
Bank overdraft ......
Tax liabilities ......
......
......
Net Current Assets or Working Capital ......
......
Less Non-current Liabilities
Debentures ......
NET ASSETS ......
EQUITY
Authorised Share Capital
......
x (number) ordinary shares of £x (nominal value) each ......
......
Issued Share Capital
......
x (number) ordinary shares of £x (nominal value) each, fully/partly paid ......
......
Capital Reserves
Share premium ......
Revaluation reserve ...... ......
Revenue Reserve
......
Retained earnings ...... ......
TOTAL EQUITY ......
Note: the balance sheet can be presented using a number of columns, as required.
LIMITED COMPANY: BALANCE SHEET
7. Date Details Amount
£
Date Details Amount
£
Date Details Amount
£
Date Details Amount
£
Dr Cr
Dr Cr
LEDGER ACCOUNTS
Date Details Amount
£
Date Details Amount
£
Dr Cr