This lesson pack contains detailed information and explanations on:
PowerPoint:
- The meaning and purpose of the statement of profit or loss
- The contents of a statement of profit or loss: revenue, cost of sales, gross profit, expenses, profit from operations (operating profit), taxation, profit for the year, dividends, retained earnings
- Amendment of a statement of profit or loss
- The impact on the statement of profit or loss a given change
Calculation activity - Lower Farm with case study, student handout and answer sheet
Calculation activity - Thai Cuisine with case study, student handout and answer sheet
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