logo

Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle

Construct the appropriate final accounts for Aqua Hotels Ltd for the year ended 30 August 2019.

13 Pages1139 Words197 Views
   

Added on  2022-11-18

About This Document

This document covers accounting topics such as Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, and Cash Conversion Cycle. It includes a table of contents, questions and answers, and references.

Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle

Construct the appropriate final accounts for Aqua Hotels Ltd for the year ended 30 August 2019.

   Added on 2022-11-18

ShareRelated Documents
Running Head: ACCOUNTING 0
Accounting
(Student Name)
Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle_1
ACCOUNTING 1
Table of Contents
Part 1................................................................................................................................................2
Question A...................................................................................................................................2
Question B....................................................................................................................................3
Part 2................................................................................................................................................5
Question A...................................................................................................................................5
Question B....................................................................................................................................6
References........................................................................................................................................7
Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle_2
ACCOUNTING 2
Part 1
Question A
PROFIT & LOSS 2019
Sales 13400
less cost of goods sold 6000
More...
Gross profit/net sales $7,400
Other Revenue
Interest on Investment $20
Total Revenue $7,420
Expenses
Interest Paid 170
Doubtful debts 34
Rent Paid 2950
Depreciation 1800
Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle_3
ACCOUNTING 3
Administrative expenses 965
Tax 380
Electricity Expenses 220
Total expenses $6,519
NET PROFIT (Net Income) $901
Balance Sheet
Fiscal year ends in June. EURO in millions except per
share data. 2019
Assets
Current assets
Cash
Cash $ 60.00
Total cash $ 60.00
Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Accounting Fundamentals: Income Statement, Balance Sheet, and Ratio Analysis
|13
|1328
|55

Accounting Fundamentals: Income Statement, Balance Sheet, and Ratio Analysis
|12
|1158
|96

Accounting Fundamentals: Financial Performance and Position of Chocco plc
|7
|840
|80

Accounting Fundamentals Assignment 2022
|33
|1554
|27

Accounting Fundamentals - Journal Entries problems
|33
|1497
|18

MSC Accounting and Finance: Financial Analysis and Cash Budgeting
|11
|2104
|252