Learning outcomes
Why businesses keep accounts
Trading, profit and loss accounts
Vertical balance sheet
Example of a vertical balance sheet
Trading, profit and loss account activity
Vertical balance sheet activity
Consolidation task producing final accounts
Glossary

Final Accounts

Trading, profit and loss account activity

Molly has now completed another year's trading and has asked you to complete her final accounts. Complete the trading, profit and loss account for Molly's Sweet Shop for year ended 30 September 2006. Click View table to see the figures needed to complete the activity. Drag the figures to the correct places on the account. When you have all the figures in place click Calculate to find out the gross and net profit.





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