Page 145 - F1 Integrated Workbook STUDENT 2018
P. 145
Introduuction to Single EEntity Acccounts includingg Statemment of
Cashhflows
Exxampple 2
Thee following informatioon is availaable for an entity Splaatter for thee year endded
30 Septembeer 20X1:
Staatement off profit or loss
$000
Revvenue 444
Cosst of sales (269)
––––
Grooss profit 175
Distribution coosts (35)
Admministrativee expensess (8)
––––
Proofit from opperations 132
Finance costss (18)
––––
Proofit before ttax 114
Incoome tax exxpense (42)
––––
Proofit for the yyear 72
Thee total expeenses i.e. cost of sales $269 + distribution costs $335 +
admministrativee expensess $8, can bbe analyseed as followws:
135
