- Describe a Cognitive Psychological Phenomenon or Cognitive Process with relevance to the existing literature: Psychology Course Work, UOW, UK
- Discuss the implications of the interest rate parity for the exchange rate determinants: Financial Management Coursework, UOB, UK
- Design and implement an object-oriented program describing two kinds of bank accounts: Software Engineering Course Work, UCLan, UK
- Should we balance the interests of the fetus with the interests of the pregnant women, or should one prevail over the other: Medical Law and Ethics Course Work, TUE,
- 5133COMP: You will establish a development team of a minimum of three and no more than four students and Your project team must work independently: Data Structures and Algorithms Coursework, LJMU, UK
- You can select a company and a project you are working on or you have worked on in the past: Advance Project Management Course Work, UBT, UK
- You are attending an interview for the position of a ward manager at a core home: Health and social care Course Work, UOG, UK
- How did the liberal principle of ‘freedom of the press’ come about and Does it function to hold government in check: Media Culture and Society Course Work, UOL, UK
- Write a business report of your Financial Reporting and Assurance Unit Leaders analyzing the financial reporting and assurance: Financial analysis on Dunelm Group Plc Coursework, UK
- 21BSP070: You will draw on the concepts and analytical frameworks discussed in the module, the suggested reading, and also the wider negotiation: International Business Negotiations Coursework, LU, UK
- Suppose that a relation factory contains 800 tuples and Each tuple is comprised of a header: Database Systems Coursework, UOS, UK
- What are the advantages of performing image processing calculations in reciprocal space over real space: Biological Sciences Course Work, OBU, UK
- EG7032: A site investigation was conducted on an existing highway pavement located in a subtropical temperature environment: Highway & Railway Engineering Course Work, UOEL, UK
- The LAN will form a central part of the school’s Information Technology strategy for the next five to seven years: Computer Networking Course Work, UOB, UK
- Identify the different reasons people communicate and Explain how communication affects relationships: Health and social care Course Work, BU, UK
- What does this option approximately become when B is much much, much larger than S0: Financial Computing Course Work, UOL, UK
- MGMT7079: You have been hired as a Hospitality Consultant to assist this restaurant to review their customer service: Customer Service & Management Coursework, MTU, UK
- UMKDFG-15-M: Using relevant theories, frameworks, and concepts, analyze and evaluate the current position in which Wildland Park: Customer and International Market Analysis Coursework, UWE, UK
- CIS7015: Requires you to form teams of between three and seven members to carry out a Rapid Application Development: Team Software Development Project coursework, CMU, UK
- KB7043: A systematic understanding of knowledge that is at the forefront of modern engineering design and optimization: Multidisciplinary Design & Engineering Optimisation Coursework, NUN, 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) |
| Subject | Business Decision Making |
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).
Do You Need Assignment of This Question
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.
| 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
Stuck with your Business Decision Making Coursework? SAH will give you a helping hand you don’t need to worry our experts will make your profit and loss accounts, balance sheets, all the complex calculations and whatever is required at a very reasonable price.
Answer
