材料全屏 Exam focus point. This question provides excellent practise of the knowledge and skills required to tackle long questions that may appear in Section
B、of the paper-based exam. However, the question is slightly longer, and the mark allocations lower, than a typical 15 mark exam question. Use this question to practise the techniques required to score well in longer Section
B、financial statement questions. You are presented with the following trial balance of Malright, a limited liability company, at 31 October 20X7. 55 【简答题】 Closing inventory has been counted and is valued at $75,000.
B、of the paper-based exam. However, the question is slightly longer, and the mark allocations lower, than a typical 15 mark exam question. Use this question to practise the techniques required to score well in longer Section
B、financial statement questions. You are presented with the following trial balance of Malright, a limited liability company, at 31 October 20X7. 55 【简答题】 Closing inventory has been counted and is valued at $75,000.
【参考答案及解析】
$'000 Revenue (W4) 1,765 Cost of sales (W1) (1,343) Gross profit 422 Distribution costs (W1) (80) Administrative expenses (W1) (192) Profit before interest and tax 150 Finance cost: 50,000 x 10% _(5) Profit before taxation 145 Income taxes (45) Profit for the year 100
$'000 Revenue (W4) 1,765 Cost of sales (W1) (1,343) Gross profit 422 Distribution costs (W1) (80) Administrative expenses (W1) (192) Profit before interest and tax 150 Finance cost: 50,000 x 10% _(5) Profit before taxation 145 Income taxes (45) Profit for the year 100