Professional Documents
Culture Documents
Grade: 112
Territory: Jamaica
I would like to thank all those who assist me in completing this project. I thank my family
members who gave me the best encouragement throughout this exercise. Finally, special thanks
to my teacher Miss Moulton who guide me throughout the completion of this project.
The aims hoped to achieve are:
2) To get a “hands on” experience in recording, analyzing, interpreting and communication accounting information.
The aim of the study is to determine whether Debro’s Wholesale is operating at a profit or a loss. Data was gathered from
source documents and posted to the journals, ledgers and final accounts. The performance of the business was
Ann Rowe who is the sole proprietor. Debro’s Wholesale offers a variety of food items and miscellaneous goods, serving
most of the island in its convenient location. The supermarket employs fifteen staff along with Ms. Rowe who is acting as
owner/manager. There are three supervisors and twelve general workers who act as shelf stackers, cashiers, as assistance
and security.
The accounting records are kept on double entry principles, with all the necessary journals, ledgers, a cash book, trial
Debro’s Wholesale allows some of their customers to buy on credit and they also buy from many retailers on credit