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论文作者:留学生论文论文属性:讲稿 Lecture Notes登出时间:2010-12-09编辑:anterran点击率:4993
论文字数:5412论文编号:org201012091323336754语种:英语 English地区:中国价格:免费论文
Account Lists
Adam & Eve's secret , Statement of Financial Position 1st August, 2009 -30th July, 2010
9th Sept, 2009 Account Account Type Dr/Cr Balance ($)
Assets 274
Current Assets DR 274
Bank/Cash DR 211
Account Recievable 0
Prepaid Expenses CR 267
stock control/Inventory DR 800
Non-current Assets 0
Land 0
Euipment 0
Accumulated depreciation 0
Liability 0
Owner's Equity Dr 274
Capital CR 1170
Profit/loss DR 1444
1.Prepaid expenses = the expenses of posting items on Ebay ($10) + monthly expenses of holding a store account on Ebay ( $20 x 12 = $240) + shipping fees on stock ( $17) = $267
Ebay (20 x 12=$240) + shipping fees on stock ($17) = $267
2.There are no non-current assets involved
Statement of Financial Performance 1st August, 2009- 30th july, 2010
Revenue Balance $
sales 2400
profit on posting 1000
Cost of Goods sold
cost of sales -800
gross profit 2600
Other expenses
shipping fees -17
Posting fees -800
rent on Ebay -240
charges by using paypal -89
charges by posting item on ebay -10
Profit/Loss 1444
1. Assuming 800 items will be all sold, and each's selling price is $3, thus sales is 2400
2. Cost of sales : cost of each item is a dollar, therefore the cost of sales is $800
3. Posting fees: Each items cost a dollar to post nationally $1 x 800 = $800 4. https://www.51lunwen.org/englishpaper.html
Rent on Ebay: Monthly rent on Eba本论文由英语论文网提供整理,提供论文代写,英语论文代写,代写论文,代写英语论文,代写留学生论文,代写英文论文,留学生论文代写相关核心关键词搜索。