Trial Balance

Ngoi Sao Plc

31 October 2020
Name of account Debit
£
Ordinary share capital (£1 shares)
Share premium
Trade payables
Land and buldings - cost 26,364,000
Land and buldings - accummulated depreciation at 1 November 2020

Plan and equipment - cost 9,375,000

Plan and equipment - accumulated depreciation at 1 November 2020

Trade receivables 4,077,000

Accurals at 31 October 2020
8% bank loan repayable in 10 years
Cash at bank 7,331,000
Retained earnings
Interest paid 450,000
Gross profit
Disitribution costs 4,082,000
Administrative expenses 3,592,000
Closing inventories 5,909,000
Dividends paid 1,125,000
Total 62,305,000
Credit
£
15,000,000
3,750,000
2,099,000

5,250,000

5,550,000

327,000
11,250,000

7,351,000

11,728,000

62,305,000
 General Journal
No. Explanation

1a Depreciation

1b Depreciation

2 Adverts for the company's range of products

3 Interest on the bank loan

4 Tax charge for the year

5 Rented warehouse space

6 Made a 1 for 5 bonus share issue

7 Volan Plc wouldn't pay the debt for Ngoi Sao plc

8 An item was damaged in a flood

9 Sent a cheque to a supplier

General Journal
Accounts Affected Debit Credit
Distribution cost - building 180,000
Administrative expenses - building 120,000
Accummulated depreciation - building 300,000
Distribution costs - plant and equipment 459,000
Administrative expenses - plant and equipment 306,000
Accumulated depreciation - plant and equipment 765,000
Distribution costs 11,000
Accruals 11,000
Interest paid 450,000
Interest payable 450,000
Tax expense 728,000
Tax payable 728,000
Prepayment 8,000
Distribution costs 8,000
Share premium 3,000,000
Share capital 3,000,000
Administrative expense 35,000
Trade receivable 35,000
Administrative expense 15,000
Impairment loss 15,000
Cash at bank 27,000
Trade payable 27,000
Total 5,339,000 5,339,000
 The Final Trial Balance
Intial TB
Accounts
Debit Credit
£ £
Ordinary share capital (£1 shares) 15,000,000
Share premium 3,750,000
Trade payables 2,099,000
Land and buldings - cost 26,364,000
Land and buldings - accummulated depreciation 5,250,000
Plan and equipment - cost 9,375,000
Plan and equipment - accumulated depreciation and impairment loss 5,550,000
Trade receivables 4,077,000
Accurals 327,000
8% bank loan repayable in 10 years 11,250,000
Cash at bank 7,331,000
Retained earnings 7,351,000
Interest paid 450,000
Gross profit 11,728,000
Disitribution costs 4,082,000
Administrative expenses 3,592,000
Closing inventories 5,909,000
Dividends paid 1,125,000
Prepayments
Tax expenses
Tax payables
Interest payables
Total 62,305,000 62,305,000
l Balance
Adjustment Adjusted TB
Debit Credit Debit Credit
£ £ £ £
3,000,000 18,000,000
3,000,000 750,000
27,000 2,126,000
26,364,000
300,000 5,550,000
9,375,000
780,000 6,330,000
35,000 4,042,000
11,000 338,000
11,250,000
27,000 7,358,000
7,351,000
450,000 900,000
11,728,000
650,000 8,000 4,724,000
476,000 4,068,000
5,909,000
1,125,000
8,000 8,000
728,000 728,000
728,000 728,000
450,000 450,000
5,339,000 5,339,000 64,601,000 64,601,000
 Statement of Profit or Loss
Ngoi Sao Plc
31 October 2020
Amount
Gross profit 11,728,000
Distribution costs (4,724,000)
Administrative expenses (4,068,000)
Profit or Loss from operations 2,936,000
Finance cost (900,000)
Profit or Loss before tax 2,036,000
Tax expenses (728,000)
Profit or Loss for period 1,308,000
 Statement of Financial Position
Ngoi Sao Plc
31 October 2020
Assets Amount
Non-current assets
Land and building - cost 26,364,000
Land and building - accumulated depreciation at 31 October 2020 (5,550,000)
Plant and equipment - cost 9,375,000
Plant and equipment - accumulated depreciation at 31 October 2020 (6,330,000)

Current assets 5,909,000

Closing inventories 4,042,000
Trade receivables 8,000
Prepayments 7,358,000
Cash at bank

Total assets 41,176,000

al Position Statement of changes in equ
c Ngoi S
20 31 Octob
Liabilities Amount
Trade payables 2,126,000
Tax payables 728,000 Balance at 31 Oct 2019
Accruals 338,000 Issue share capital
8% bank loan repayable in 10 years 11,250,000 Dividends paid
Interest payables 450,000 Profit/ loss for the year
Total liabilities 14,892,000 Balance at 31 Oct 2020

Owner's Equity
Share capital 18,000,000
Share premium 750,000
Retained earnings 7,351,000
Net profit 1,308,000
Dividends paid (1,125,000)
Total equity 26,284,000
Total liabilities and equity 41,176,000
tatement of changes in equity for the reporting period
Ngoi Sao Plc
31 October 2020
Share capital Share premium Retained earnings Total
£ £ £ £
15,000,000 3,750,000 7,351,000 26,101,000
3,000,000 (3,000,000) 0
(1,125,000) (1,125,000)
1,308,000 1,308,000
18,000,000 750,000 6,226,000 26,284,000
 Journal errors for Pink at 31 May 20X7
No. Explaination Account affected
Bank service expense
1 Bank charges not recorded in cash
Cash at bank
Property tax expense
2 Standing order for local property tax not entered in cash
Cash at bank

5 Incorrectly recorded Repair expense

Machinary
Trade receivable
6 Received in respect of a debt written off
Irrecoverable debt
Cost of sales
7 Closing inventory
Inventory
Trade payable
8 Returned goods invoiced Suspense account
Purchase
Total
 Bank reconciliation statement at 31 May 20X7
Debit (£) Credit (£) £
30 Balance per bank statement (5,800)
30 Add: Outstanding logements (3) 1,300
300 (4,500)
300 Less: Credited in error to (4) (100)
2,000 Balance per corrected cash at bank account (4,600)
2,000
500
500
1,000
1,000
25
52
77
3,907 3,907
 Cash at bank account at 31 May 20X7 Pink's income statement for the year ended 31 M
£
Uncorrected cash book balance (4,270) Net loss before
Less: Bank charges expense (1) (30) Bank charges
Less: Tax expense (2) (300) Tax expense
Corrected the cash book balance (4,600) Repair expense
Cost of sales
Irrecoverable debts
Purchase
Net loss
ement for the year ended 31 May 20X7
£
(22,000)
(30)
(300)
(2,000)
(1,000)
500
77
(24,753)
 Vietnam Dairy Products Joint Stock Copany and its subsidiaries
Consolidated statement of income for the year ended 31 December 2019
Revenue from sales of goods and provision of services
Total revenue represented the gross value of goods sold and services rendered exclusive of value added tax
Net revenue comprised
2019
VND
Total revenue
Sales of finished goods 50,163,071,024,539
Sales of merchandise goods 522,816,432,676
Other services 45,941,841,010
Rental income from investment property 10,781,348,335
Other 79,666,924,530
50,822,277,571,090
Less revenue deductions
Sale discounts 34,988,189,516
Sale returns 15,778,847,124
50,767,036,640
Net revenue 50,771,510,534,450
ny and its subsidiaries
ended 31 December 2019

es rendered exclusive of value added tax

2018
VND

46,264,766,466,705
523,560,074,925
41,478,251,736
16,785,591,588
78,262,397,715
46,924,852,782,669

24,025,382,670
7,617,366,125
31,642,748,795
46,893,210,033,874