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ASKING FOR ALL BUSINESS STUDIES JUNIOR CERT TEACHERS PLEASE!!

DarkDusk · 2011-05-02 10:52:33

Hi, I am a junior cert student and I'm stuck on the 2007 trading, profit and loss appropriation account. I just can't get it to balance. If any business studies teacher has the answer handy could you please tell me what the balanced figure is? I'm so annoyed about it and it's eaten about an hour into my study already!…

02-05-2011 10:52am

#1

DarkDusk

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Hi,
I am a junior cert student and I'm stuck on the 2007 trading, profit and loss appropriation account. I just can't get it to balance. If any business studies teacher has the answer handy could you please tell me what the balanced figure is? I'm so annoyed about it and it's eaten about an hour into my study already!

Thanks in advance,
James.

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Comments

#2 02-05-2011 11:08am

delta_bravo

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Its probably in the marking scheme for the paper on the examinations website.

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#3 02-05-2011 11:13am

DarkDusk

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It doesn't go to years before 2008 for business studies.

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#4 02-05-2011 1:11pm

milosh

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gross profit 180000
net profit 124800
Profit and loss balance/ reserves 126600
Fixed Assets 637,800
Current Assets 39,000
Current Liabilities 100,200
Capital Employed/final number 576600

Don't forget to subtract the working capital figure from fixed assets as it is a negative answer. Hope this helps you find your mistakes

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#5 02-05-2011 2:27pm

DarkDusk

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Thanks a million!!

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