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-   -   What it's full set account? (https://www.askmehelpdesk.com/showthread.php?t=408530)

  • Oct 21, 2009, 11:34 PM
    normy
    What it's full set account?
    Hi,

    What it's full set account?
  • Oct 22, 2009, 02:05 AM
    ROLCAM

    These are expressions:-

    1) Full set of books.

    2) Full set of accounts:-
    This refers to
    a)Trading Account
    b)Profit and Loss Account
    c)Appopriation Account
    d)Balance Sheet
  • Oct 22, 2009, 09:51 PM
    rehmanvohra

    Full set of accounts or a set of financial statements is composed of:
    1. Statement of Financial Position
    2. Statement of Comprehensive Income
    3. Statement of Changes in Equity
    4. Statement of Cash Flows
    5. Notes to the accounts
  • May 13, 2012, 07:21 AM
    Irene Lch
    Dear all,

    Hye Irenehere,please kindly tell me,how to do Trading Profit & Loss ?
    Do have the simple example? Because I am a new study in accounting.






    Thank you so much
    Irene
  • May 13, 2012, 04:13 PM
    paraclete
    Quote:

    Originally Posted by normy View Post
    Hi,

    What it's full set account?

    Balance Sheet
    Income Statement
    Cash Flow Statement
    Notes to the accounts
  • May 13, 2012, 04:17 PM
    paraclete
    Quote:

    Originally Posted by Irene Lch View Post
    Dear all,

    Hye Irenehere,please kindly tell me,how to do Trading Profit & Loss ?
    Do have the simple example? Because i am a new study in accounting.






    Thank you so much
    Irene

    Don't you have a text book you need a text book on accounting fundamentals.


    Sales - Cost of Sales = Gross Profit - Operating Expenses = Net profit - Tax = Net Profit after Tax

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