- ILM Unit-409: focused on understanding the impact of development on workplace performance: Managing Personal Development, Coursework, UOS, UK
- ILM Unit-409: focused on implementing and evaluating planned development activities and apply learning in the workplace: Managing Personal Development, Coursework, UOS, UK
- ILM Unit-409: focused on identifying and prioritising work-related development requirements: Managing Personal Development, CourseWork, UOS, UK
- 7PS032: Identify type of study design needed, including within or between groups where relevant: Research Methods Course Work, UOW, UK
- 7PS032: What do the means, range and standard deviations show?: Research Methods Course Work, UOW, UK
- 7PS032: You need to write a research proposal. It must be a quantitative research proposal: Research Methods Course Work, UOW, UK
- MN0493: Report the major points of your discussions with the client. This should include the construction of the portfolios: Investments and Risk Management Course Work, NUN, UK
- DAT7303: In portfolio 3, students must complete 4 tasks related to analysing a dataset using CRISP- DM methodology: Data Mining Course Work, UK
- BUSI 1475: Your task is to identify and select an article from the BBC News website (news.bbc.co.uk): Management in a Critical Context Course Work, UOG, UK
- COMP6029: Computer Science and Electronic Engineering related subjects generally use the IEEE referencing style: Network Systems Course Work, UOS, UK
- UMACTF-15-M: You have recently been appointed as a Financial Analyst for a leading investment bank in London: Corporate Financial Strategy Course Work, UWE, UK
- BAM5010: choose an organisation and make some recommendations for the delivery: Work Based Project Course Work, UOB, UK
- You are required to calculate ratios for Fresh Farms Ltd: financial Course Work, UK
- Understand the legal, ethical and theoretical context for health, safety and risk management: leadership and Management Course Work, UK
- P3 Describe the types of training and development used by a selected business: BTEC Business Extended Diploma Pearson Course Work, UK
- Describe how a selected business identifies training needs: BTEC Business Extended Diploma Pearson Course Work, UK
- Discuss your chosen business, background information and why you have chosen that business: BTEC Business Extended Diploma Pearson Course Work, UK
- Activity 7: Risk management in an organisation should be both sensible and proportionate to the level of risk involved: NEBOSH IDIP ID1 Research Paper Course Work, OU, UK
- Activity 6: Reviewing health and safety performance Critique your chosen organisation’s health and safety: NEBOSH IDIP ID1 Research Paper Course Work, OU, UK
- Activity 5: Management of contractors Review how your chosen organisation selects contractors and manages them while they are on site: NEBOSH IDIP ID1 Research Paper Course Work, OU, UK
BA4008Q: Prepare Ajay Ltd Statement of Profit or Loss (Income Statement) for the year ended 31 March 2019 and his Statement of Financial Position as of 31 March 2019: Business Decision Making Coursework LMU, UK
University | London Metropolitan University (LMU) |
Instructions:-
You are provided below the Trial Balance of Ajay Ltd for the year ended 31 March 2019.
You are required to:-
- Prepare Ajay Ltd Statement of Profit or Loss (Income Statement) for the year ended 31 March 2019 and his Statement of Financial Position as of 31 March 2019.
- Identify 3 limitations each of income statement and Statement of financial position (balance sheet).
Note: Show all adjustments
Question
You are provided below the Trial Balance of Ajay Ltd for the year ended 31 March 2019.
Ajay Ltd has been trading for a number of years as a wine merchant. The following list of balances has been extracted from his ledger as of 31 March 2019, the end of his most recent financial year.
Do You Need Assignment of This Question
DR | CR | |
£ | £ | |
Advertising | 5,478 | |
Insurance | 9,306 | |
Trade Payables | 31,511 | |
Purchases | 157,443 | |
Drawings | 31,288 | |
Rent and Rates | 18,612 | |
Sales | 290,500 | |
Heat and Light | 11,013 | |
Delivery Costs | 10,132 | |
Capital | 170,600 | |
Salaries and Wages | 41,263 | |
Cash in Hand | 950 | |
Inventories at 1 April 2018 | 18,310 | |
Trade Receivables | 31,099 | |
Fixtures & Fittings at cost | 153,227 | |
Accumulated Depreciation Fixtures & Fittings at 1 April 2018 | 66,710 | |
Motor Vehicles at cost | 182,600 | |
Accumulated Depreciation Motor Vehicles at 1 April 2018 | 93,500 | |
Bank Overdraft | …………. | 17,900 |
670721 | 670,721 |
The following additional information is available as of 31 March 2019
- Inventories at the close of business on 31 March 2019 was valued at £25,550
- Insurances have been prepaid by £850
- Heating and Lighting is accrued by £2,210
- Rates have been prepaid by £4,482
- Delivery cost is accrued by £905
- The depreciation charge for Fixtures and Fittings for the year £12,584.
The depreciation charge for Motor Vehicles for the year £10,440.
Buy Answer of This Assessment & Raise Your Grades
If you want to hire essay writer UK to write your essay or paper, then you can contact us. We have essay writer UK who can provide you with any kind of writing service you may need. Our assignment writing services can provide you with a top-quality assignment written under your guidelines and in strict accordance to your needs. There will never be a reason to think that you have not received what you paid for. Our writers are available 24/7 and the orders can be placed online anytime!