Professional Documents
Culture Documents
Accounting Basics Afterscho OL
Accounting Basics Afterscho OL
AFTERSCHO ☺OL
AFTERSCHO☺OL
– DEVELOPING CHANGE MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social entrepreneurship & spiritual
entrepreneurship
OPEN FOR ALL FREE FOR ALL
www.afterschoool.tkLET US 1
CHANGE THE WORLD
WHAT IS TRADING ACCOUNT
www.afterschoool.tkLET US 2
CHANGE THE WORLD
WHAT IS P & L ACCOUNT
IT IS PREPARED AFTER TRADING
ACCOUNT. IT INCLUDES FOLLOWING
ITEMS :
1. EXPENDITURE – OTHER THAN
FACTORY OR PRODUCTION RELATED
EXPENDITURE 2. REVENUE OTHER THAN
SALES
IF YOU ARE NOT PREPARING TRADING
ACCOUNT, THAN ALL THOSE ITEMS WILL
COME IN P & L ACCOUNT.
www.afterschoool.tkLET US 3
CHANGE THE WORLD
WHEN TRADING ACCOUNT IS
NOT PREPARED?
www.afterschoool.tkLET US 4
CHANGE THE WORLD
EXAMPLE
www.afterschoool.tkLET US 5
CHANGE THE WORLD
SOLUTION
www.afterschoool.tkLET US 6
CHANGE THE WORLD
TIPS
www.afterschoool.tkLET US 7
CHANGE THE WORLD
EXAMPLE OF P&L ACCOUNT
www.afterschoool.tkLET US 8
CHANGE THE WORLD
SOLUTION
www.afterschoool.tkLET US 9
CHANGE THE WORLD
TIPS
www.afterschoool.tkLET US 10
CHANGE THE WORLD
ADJUSTMENTS REQUIRED
www.afterschoool.tkLET US 11
CHANGE THE WORLD