- Assessment: Financial Performance Evaluation of Savory Snacks Company Ltd for Credit
- CMI L5 Assignment: Managing Stakeholder Relationships: Strategies, Challenges, and Best Practices
- Level 3 Unit 2 Assignment: Principles, Values and Regulation in the Health and Social Care Sector
- COM4006 Assignment: Introduction to Academic Skills and Professional Development
- Assessment: Managing Organisational Change: Evaluating Strategies, Challenges, and Impact
- UNIT CMI 706 Assignment: Finance for Strategic Leaders: The Role, Scope, and Impact of Finance
- ENGINEERING DESIGN TMA2 v1: CAD Design Report: Specification, Evaluation & Drawings
- Unit CMI 514 Assignment: Analysis of Organisational Change: Managing Change
- EMS402U TMA1: Engineering Design Solutions: Concept Development & Assessment
- LEVEL 3 UNIT 31: Effective Project Management (International BTEC )
- ILM Level 4 ASSIGNMENT: Managing equality and diversity in own area
- CMI 504 Assessment: The Rationale For Managing Performance Within Organisations
- Level 7 Unit 03 Assignment: Leading a Strategic Management and Leadership
- LO:01, LO:02 (MSCCO01) Managing Innovation and Change in Computing
- CMI Level 6 Certificate in Professional Management and Leadership
- Financial Accounting: Double-Entry Bookkeeping, Journals, Ledgers, and Trial Balance Preparation
- Assignment 1: Understand and Work with a Wide Range of Stakeholders and Organisational Structures
- CMI 526 Assessment: Principles of Leadership Practice
- Promoting Health, Wellbeing, and Inclusive Care in Health and Social Care Settings
- MID4022 Legal and Ethical Professional Principle in Midwifery
London Ventures has been trading for a number of years as a wine merchant the following list of balances: Accounting for business managers, Assignment, DMU, UK
| University | De Montfort University (DMU) |
| Subject | Accounting for business managers |
Task1
You are provided below the Trial Balance of London Ventures for the year ended 31 March 2021.
London Ventures 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 2021, the end of his most recent financial year.
Thefollowingadditionalinformation isavailableasat31March2021:
- Inventoriesatthecloseof businesson31March2021wasvalued at£20,550
- Insuranceshavebeenprepaidby£850
- HeatingandLightingisaccruedby£1,100
- Rateshavebeenprepaidby£2,482
- Delivery costisaccruedby£905
- Depreciation chargeforFixturesandFittingsfortheyear£11,584.
- DepreciationchargeforMotorVehiclesfortheyear£9,440.
- PrepareanIncomeStatementfortheyearended31March2021forLondonVenturs
- Preparea StatementofFinancialPositionasat31March 2021forLondonVentures.
Task2
Identify3possible limitationsoftheIncomeStatementforLondonVentures
Task3
Identify3possible limitationsof theStatementoffinancialpositionforVentures
Task4
Explain how London Ltd can effectively manage the following:
- Inventory Days
- TradePayable Days
- TradereceivableDays
Do You Need Assignment of This Question
Achieve academic excellence with our specialized Business Assignment Help and expert Assignment Writing Help services! If you’re a student at De Montfort University (DMU), exploring subjects like Accounting for Business Managers, our experts are here to guide you. Dive into real-world scenarios like analyzing the balances of London Ventures, a wine merchant. Don’t let complex assignments hinder your progress—partner with our professionals to excel in your studies today!
Answer
