Calculating Profit

Further Complications
  • D. E. Turner
  • P. H. Turner


Your firm is owed three debts—£5 by Richard Green, £90 by Graham Brown and £900 by Sarah Black. All three have been on your books for some while, and you think it is doubtful whether the persons concerned intend to pay.


Balance Sheet Selling Price Cost Price Capital Account Accounting Period 
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Copyright information

© D. E. Turner and P. H. Turner 1991

Authors and Affiliations

  • D. E. Turner
  • P. H. Turner

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