Professional Documents
Culture Documents
AA10 Ev3 Profit and Loss
AA10 Ev3 Profit and Loss
Integrantes:
Answer Received
Answer Profit
Answer Telephone
Answer Prepare
cuenta el ejemplo.
English= A D E H I N O P R S V X Code= B X Y F G Q K T L M C W
Capital Expenditure - Purchasing fixed assets which will last a number of years,
e.g.
equipment, machinery, premises, motor vehicles. These assets are profit in
the balance sheet and not in the expenses and loss account. Revenue
Expenditure - recorded involved in the day-to-day running of the business,
e.g. wages, rent, insurance, advertising, telephone. These expenses are
recorded in the profit and the profit loss account.
$ $ $
Sales 50000000
48’100.000
Purchases 24’275.000
23’725.000