Trading Profit and Loss account
Year Ending 12 June 2019
£
Sales
Sweets 1,168.03
Crisps 924.55
Total Sales 2,092.58
Purchases 1,685.43
Gross profit 407.15
Expenses
Insurance 46.2
Telephone 100
Vehicle Fuel 15.42
Rent 900
Total Expenses 1,061.62
Net loss -654.47
Balance sheet as at 12 June 2019
£
Fixed Assets
Books etc. 55
Total fixed assets 55
Current Assets
Debtors control account 2,000.46
Bank current account 3,899.68
Purchase tax control account 540.16
Total current assets 6,440.30
Current liablities
Year Ending 12 June 2019
£
Sales
Sweets 1,168.03
Crisps 924.55
Total Sales 2,092.58
Purchases 1,685.43
Gross profit 407.15
Expenses
Insurance 46.2
Telephone 100
Vehicle Fuel 15.42
Rent 900
Total Expenses 1,061.62
Net loss -654.47
Balance sheet as at 12 June 2019
£
Fixed Assets
Books etc. 55
Total fixed assets 55
Current Assets
Debtors control account 2,000.46
Bank current account 3,899.68
Purchase tax control account 540.16
Total current assets 6,440.30
Current liablities
