INCOME STATEMENT GRADE 10

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How to prepare an income statement @MindsetLearn treating a november 2019 question paper.
#accounting
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Hi...Thank you so much
I am writing Accounting tomorrow and I was stressed💔😭..Please don't stop teaching and working through past papers 😊

curro.a.s
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YOU ARE A LIFESAVER MY GUY THANK YOU SO MUCH FOR THESE VIDEOS. I DEFINETLY SUBSCRIBED

sphesihlezwane
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You kinda made a mistake at the total "Gross Profit" answer should be 1420000 but will that have an effect on your whole income statement?

ahlumilempisana
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This video a life saver i am writing tommorow. Can you send the link to the paper so others can go through it and see where they went wrong

jasonrhodes
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Bad debts is stated 3800 on the pre adjusted but you wrote 1800 on

pusheletsomakgolane
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Hi. At Trading stock I'm a little confused. R418 400 is what we owe right? R4 800 is how much the owner took for person use. 406 100 is how much we have on hand.

So shouldn't the calculations be:
What we owe + what was taken out - what we have = how much stock we need to replace for the next financial year.

Unknown-individual
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Just subscribed😊and turned on the notification button

curro.a.s
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why are we dividing the rent income by 11 months? since it wasn't stated

sphesihleowethu
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can you do more about grade 10 work like trading account

jadentsakomdluli
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will we not decrease the debtors control account for c.coward adjustment

tbnrkwandile