Statement of Profit / LossForums › ACCA Forums › ACCA FA Financial Accounting Forums › Statement of Profit / LossThis topic has 0 replies, 1 voice, and was last updated 10 years ago by abi.Viewing 1 post (of 1 total)AuthorPosts November 22, 2014 at 1:25 pm #212184 abiMemberTopics: 9Replies: 8☆Please could somebody help me to solve how to adjust these heading under statement of Profit / Loss. Please ignore the values they are random but I just want to know how they are treated in the right way?Sales(Revenue) – 80000 Sales Return(Return Inward) – 5000 Opening Inventory – 40000 Purchases – 42000 Carriage Inward – 2000 Discount Received – 1000 Closing Inventory – 60000 Purchase Return – 2000 Carriage outward -1500 Discount allowed – 500 Increase in allowance for receivables- 4000 Depreciation – 2000 Irrecoverable Debts – 3500ThanksAuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In