ACTIVIDAD 13 EVIDENCIA:

PROFIT AND LOSS

JHON ALEXANDER BERMUDEZ MALAVER

TEGNOLOGO EN NEGOCIACION INTERNACIONAL

SERVICIO NACIONAL DE APRENDIZAJA (SENA)
FACATATIA CUNDINAMARCA
AGOSTO 2020
 Actividad de aprendizaje 13

Los estados financieros proporcionan valiosa información que le permite a la gerencia, a los
socios y a los acreedores, evaluar el desempeño financiero de una empresa,
centrándose en las diferentes áreas de desempeño. Es importante conocer los términos en
inglés relacionados con este tema. Lea el siguiente párrafo, estudie el vocabulario que
encuentra en este archivo y desarrolle las actividades.

Evidencia: Profit and Loss

Companies sell products or services to the public or other businesses. A product might be
something to eat, or to wear or to play. A service is doing something for someone for
example, a hairdresser, a plumber or a childminder. Companies make money by selling their
product or service for more money than it costs to make or deliver. The extra money that they
make is called a Profit.
When a company doesn't make as much money as it costs to make the product or service it is
called a Loss. Making a Loss can lead to the company going out of business and people
losing their jobs. Companies always try to make a Profit from everything that they sell.
It's not only companies that want to make a profit, events like school fetes and coffee
mornings try to make a profit too, sometimes the money is for school funds or it might be
raising money for charity.
Trying to make a Profit is a balancing act; events or companies have to find ways to keep
their costs as low as possible, the cheaper it costs to make a product or deliver a service the
bigger profit they can make when they sell it. But they also have to make sure that they don't
charge too much money for the product as people won't buy something that they think is
too expensive.
Fraser, P. (2013). Profit & los: Level 2 unit [archivo PDF]. Recuperado de
https://teejaymaths.com/wp-content/uploads/2016/04/Finance-Level-2-Profit-Loss.pdf
Tenga en cuenta el siguiente vocabulario para el desarrollo de las actividades. Busque el significado
en los diccionarios en línea de su preferencia.

Keywords

The list of keywords for this unit is as follows:

Nouns loss to give

account (a/c) net loss net profit to identify
advertising number of years to involve
assets overhead / overruns to list
bad debt payment percentage to plan
balance planning to prepare
sheet bank
profit to purchase
bank loan
profit and loss to receive
business
purpose to record
capital expenditure
rent revenue to run
credit side
running sales to save
discount
telephone
expense
trading period Adjectives
expenditure
wages accurate
figures gains
gross profit actual
heat income Verbs daily
insurance to budget to net
interest ledger classify to
light close off Other
loan to compare day-to-day
to curtail
to debit to
deduct
Con base a su proyecto formativo y enfocándose en su producto o servicio que
comercializa, desarrolle los siguientes ejercicios.

1. Unscramble the letters

Identifique la palabra oculta según la definición dada y escriba la respuesta en el espacio

correspondiente.

a) This is something you have been given CEREIDVE

Answer received

b) This is when you make money ROTPIF

Answer Profit

c) You can speak to people far away with this PHELOENET

Answer Telephone

d) When you get something ready before it is needed PEPRAER

Answer Prepare
Resuelva el código secreto con el fin de encontrar la frase oculta teniendo

en cuenta el ejemplo.

example: (code) FBGL = HAIR (English)

English A D E H I N O P R S V X
=
Code= B X Y F G Q K T L M C W

KCYLFYBXM BLY YWTYQMGCY =

OVERHEADS ARE EXPENSIVE

2. Complete las oraciones.

Use las siguientes palabras para completar las oraciones en el texto.

loss recorded rent

profit expenses

Capital Expenditure: Purchasing fixed assets which will last a number of years, e.g.
equipment, machinery, premises, motor vehicles. These assets are RECORDED_________in
the balance sheet and not in the EXPENSES and loss account.
Revenue Expenditure: PROFIT involved in the day-to-day running of the
business, e.g. wages, RENT insurance, advertising, telephone. These expenses are
recorded in the profit and the profit and LOSS account.
 3. Analice la siguiente tabla de ejemplo y lea la interpretación de los
datos, complete los datos faltantes.

*Trading Account for the year ending December 08.

$ $ $
Sales 8,000
Less returns 100
7,900
Opening stock 200
Purchases 3,900
Less returns 100 3,800
4,000
Less closing 300
stock
Cost of goods 3,700
sold
Gross Profit 4,200

Interpretation
The company had sales of $8,000 at the year end. Less returns, this came to
$ 7900. The company had opening stock of $200 and closing stock of $300. The
company had purchases of $3900, less returns of $100. The cost of the goods sold came
to $3,700. This makes the gross profit $ 4200