Perfromance reporting of ACCA standard used
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Jul 01, 2024
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About This Presentation
Perrformance reportinh
Slide Content
Performance
Reporting
ACCA-SBR
Reporting
ACCA-SBR
Example
Nestle International has the following opening balances-
Share capital - 10 lacs
Security premium reserve- 5 lacs
Retained earnings - 4 lacs
GR - 2 lacs
Revaluation reserve - 1 lacs
PPE - 20 Lacs and cash 2 lacs
During the year –
Goods sold- 50 lacs and cogs - 40lacs
Dividend paid – 35,000
Expense for 30,000 for previous year still to be recorded
PPE revalued by 40,000 downward
1,00,000 transfer to GR.
Fresh issue of Shares of 8,00,000 in cash.
Prepare Financial statement
Nestle International has the following opening balances-
Share capital - 10 lacs
Security premium reserve- 5 lacs
Retained earnings - 4 lacs
GR - 2 lacs
Revaluation reserve - 1 lacs
PPE - 20 Lacs and cash 2 lacs
During the year –
Goods sold- 50 lacs and cogs - 40lacs
Dividend paid – 35,000
Expense for 30,000 for previous year still to be recorded
PPE revalued by 40,000 downward
1,00,000 transfer to GR.
Fresh issue of Shares of 8,00,000 in cash.
Prepare Financial statement
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