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Prepare the statement of profit or loss for the year ended 31 December 2025. H plc Statement of profit or loss for the year ended 31 December 2025 $ revenue cost of sales gross profit distribution costs administrative expenses profit from operations finance costs profit before tax tax profit for the year Workings: reve...
See it on the paper →Prepare an extract from the statement of financial position at 31 December 2025 to show the equity and liabilities sections only. H plc Statement of financial position at 31 December 2025 $ Workings: Additional information The directors wish to improve the company’s profitability. They are considering two options. Opti...
See it on the paper →Prepare the statement of profit or loss for the year ended 31 December 2025. H plc Statement of profit or loss for the year ended 31 December 2025 $ revenue cost of sales gross profit distribution costs administrative expenses profit from operations finance costs profit before tax tax profit for the year Workings: reve...
See it on the paper →Prepare an extract from the statement of financial position at 31 December 2025 to show the equity and liabilities sections only. H plc Statement of financial position at 31 December 2025 $ Workings: Additional information The directors wish to improve the company’s profitability. They are considering two options. Opti...
See it on the paper →Complete the statement of changes in equity for the year ended 31 December 2024. T plc Statement of changes in equity for the year ended 31 December 2024 Share capital $ Revaluation reserve $ Retained earnings $ 120 000 80 000 330 800 Total $ At 1 January 2024 Share premium $ 900 000 Workings: At 31 December 2024
See it on the paper →Prepare the statement of financial position at 31 December 2024. T plc Statement of financial position at 31 December 2024 Additional information The directors are considering two options of financing the redemption of debentures in 2025: option A: make a new issue of 250 000 ordinary shares of $0.50 each at a premium...
See it on the paper →Prepare, on page 5, a revised statement of profit or loss for the year ended 31 December 2024. Workings: Revenue Cost of sales Depreciation Distribution costs Administrative expenses Finance costs R Limited Revised statement of profit or loss for the year ended 31 December 2024 $ Revenue Cost of sales Gross profit Dist...
See it on the paper →Calculate the profit from operations for the year ended 31 August 2025. Additional information The directors are now considering taking a number of different actions to take effect in the year ending 31 August 2026.
See it on the paper →Complete the following table to explain the effect each action would have on the statement of cash flows. If an action does not affect the statement of cash flows, explain why it does not affect it. Action: Increasing selling prices, sales volume being unaffected Explanation As part of the explanation, indicate the sec...
See it on the paper →Suggest two methods of funding which would not be included in the cash flow from financing activities.
See it on the paper →Prepare the statement of cash flows for the year ended 31 December 2024 in accordance with IAS 7. Include in your answer a value for the amortisation (depreciation) of intangible assets. Workings:
See it on the paper →Prepare the statement of profit or loss for the year ended 31 December 2024. H Limited Statement of profit or loss for the year ended 31 December 2024. Workings: Distribution costs Administrative expenses Rental income Additional information 1 During the year ended 31 December 2024, an issue of 400 000 ordinary shares...
See it on the paper →Prepare the statement of profit or loss for the year ended 31 December 2024. Use the space provided on page 4 to show your workings. Bilal Statement of profit or loss for the year ended 31 December 2024 Workings: Revenue Allowance for irrecoverable debts Electricity charges Advertising campaign Profit or loss on dispos...
See it on the paper →Prepare an extract from the statement of financial position at 31 December 2024, showing the assets section only. Statement of financial position (extract) at 31 December 2024 Assets Workings:
See it on the paper →Calculate the profit from operations for the year ended 31 December 2024.
See it on the paper →Prepare the statement of cash flows for the year ended 31 December 2024 in accordance with IAS 7. Workings: Additional information To improve the cash flow, the directors plan to sell one of the office buildings and then rent it from the purchaser.
See it on the paper →State four uses of a statement of cash flows.
See it on the paper →Calculate the profit from operations for the year ended 31 December 2024.
See it on the paper →Prepare the statement of cash flows for the year ended 31 December 2024 in accordance with IAS 7. Workings: Additional information To improve the cash flow, the directors plan to sell one of the office buildings and then rent it from the purchaser.
See it on the paper →Prepare an extract from the statement of financial position at 31 December 2024 showing the capital and liabilities section only. Statement of financial position at 31 December 2024 Capital and liabilities
See it on the paper →An extract of the capital and liabilities section from the statement of financial position was required and few candidates performed well on this question. The partner loan, in many cases, was incorrectly labelled as a bank loan. The current liabilities were often incomplete. The layout was generally good and most appropriately labelled the sections and they were in the correct order. Only a minor...
— Examiner report, February/March 2025, 9706/22 Q1(d) (Cambridge)
A high number of candidates were able to state how a business would create a general reserve, but considerably fewer provided an acceptable explanation as to why the reserve would be created.
— Examiner report, February/March 2025, 9706/32 Q1(a) (Cambridge)
A high number of candidates were able to state how a business would create a general reserve, but considerably fewer provided an acceptable explanation as to why the reserve would be created.
— Examiner report, February/March 2025, 9706/32 Q1(a) (Cambridge)
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