P&L

Profit and Loss

Intentions:
 * 1) Review are learning on accounts and the Profit and Loss Account
 * 2) Work out some exam questions on P&L
 * 3) Explore and evaluate the P&L account and interpret the findings

To begin, complete this drag and drop on the users of accounts and their interest

Watch this video to clarify our understanding and see some worked examples: media type="youtube" key="W8fBrMrC0II" height="315" width="420"

Work, in pairs, through question 3.5.4, (13 marks). Utilise the text book to help you answer part b.