Company Accounts POL and OCI

Hybrid (ACCA Sample)

Hybrid

After preparing a draft statement of profit or loss for the year ended 30 September 20X5 and adding the current year's draft profit (before any adjustments required by notes (1) to (3) below) to retained earnings, the summarised trial balance of Kandy Co as at 30 September 20X5 is:

 

 

$'000

$'000

Equity shares of $1 each

 

20,000