I can't remember what i got for profit but what i did is full revenue from subscription less the expenses apart from the overdraft since it's b/s and the old figure didn't matter because that would have been if he brought the premises.
Which one? There was the yearly membership of £300 which I kept as that in the income statement (didn't know whether to split it or not since it was paid for the year) or the things that was £2400 paid for the year (which I split because it was means there was £2200 prepaid since it was only meant to be for June)
Which one? There was the yearly membership of £300 which I kept as that in the income statement (didn't know whether to split it or not since it was paid for the year) or the things that was £2400 paid for the year (which I split because it was means there was £2200 prepaid since it was only meant to be for June)
Yeah your right actually you should have split it in the income statement since it's prepaid income which i forgot but include the full amount in the budget.
Yeah your right actually you should have split it in the income statement since it's prepaid income which i forgot but include the full amount in the budget.
Yeah that's what I did, I kept the whole amount for the yearly membership in the income statement though but I think I should have split it, I'm not too sure ☹️
additional info (1) said that they sold goods cost of 4560 for 8000, and it had been included in the computer stocktake,
cuz its been sold u needed to take away that 4560 i think from the computer stocktake
Yeah, I added something twice though. I think it was (4) maybe, a purchase but have been recorded as a sale return or something. Not quite sure, my memory is fading quickly about what I put