[normy]

Hi,

What it's full set account?

[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

[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

[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

[paraclete]

Hi,

What it's full set account?

Balance Sheet
Income Statement
Cash Flow Statement
Notes to the accounts

[paraclete]

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