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Check If Final Account  Form

Check If Final Account Form

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Instructions and help about Check If Final Account

welcome back to junior cycle business studies and in this video I am going to show you how to do a final accounts question which includes an income statement and a statement of financial position a number of students have commented on the videos to ask me to do a statement of financial position question so just to be clear with everybody a statement of financial position is part of your final accounts question so an income statement comes first followed by a statement of financial position and these were formally known as a trading profit and loss and balance sheet question but in the new junior cycle which you are now studying these are known as an income statement and a statement of financial position okay so the first thing I'm going to do here is just to tell you where I got this question from so this one is from the 2018 ordinary level Business Studies paper and this can be downloaded and printed out from examination study okay so in front of me here I have the trial balan

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