BAAC2 – FAR
2006/7 First Diet January 2007 Solutions
Answer 1
H – income statement for the year ended 31 December 2006
| |Workings |£000 |
|Sales revenue | |5,000 |
|Cost of sales |W1 |(2,025) |
|Gross profit | |2,975 |
|Distribution costs |W2 | (620) |
|Administrative expenses & ...