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  • Student Sheet P & L

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    samra azad
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    The document outlines the budgeted expenses for a fishing business in 2016 and 2017, including expenses for boats, cod nets, vehicles, administration, and finance. The largest expenses were for crew wages and salaries, boat expenses like fuel and maintenance, and cod net repairs. The document also shows the business's budgeted net profit for 2017.

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    Copy of student sheet P & L.xlsx

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    The document outlines the budgeted expenses for a fishing business in 2016 and 2017, including expenses for boats, cod nets, vehicles, administration, and finance. The largest expenses were for crew wages and salaries, boat expenses like fuel and maintenance, and cod net repairs. The document also shows the business's budgeted net profit for 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    4 views2 pages

    Student Sheet P & L

    Uploaded by

    samra azad
    The document outlines the budgeted expenses for a fishing business in 2016 and 2017, including expenses for boats, cod nets, vehicles, administration, and finance. The largest expenses were for crew wages and salaries, boat expenses like fuel and maintenance, and cod net repairs. The document also shows the business's budgeted net profit for 2017.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    2016 Actuals (annual) % to sales

    Sales
    Cash Sales (30 days x 150 kg x $35.00 per kg)
    Cash Sales (30 days x 150 kg x $36.16667 per kg)
    $ 36.17
    Boat Expenses
    Petrol & Oil
    Depreciation of Cod Boat
    Cod Boat Registration & Insur
    Depreciation 3 Outboard Boats
    3 Outboard Boats Reg & Insur
    Repairs to Cod Boat Equip
    Mobile Phone Expenses
    Six Crew’s Wages
    Six Crew’s Super

    Cod Nets Expenses


    Repairs to Cod Nets
    Fish food Expenses
    License Fee

    Vehicle Expenses
    Petrol, Oil & Tyres
    Depreciation of Vehicles
    Vehicles Registration & Insurance

    Administration Expenses
    Post Box Hire
    Depreciation of Office Equipment
    Stationery Office & general admin
    Home Office Electricity
    Fishing Association Subscription
    Sickness & Accident Insurance

    Finance
    Interest Expense
    Loan Service fees
    Bank Fees

    Total Budgeted Expenses


    Budgeted Net Profit
    2016 average for each 2017 Budget for
    each operating
    operating month
    month 2017 Budgeted (annual) % to sales

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