BPP Interactive Text Unit 5

System
System Posts: 100,534 🤖 Admin 🤖
Hi

Anyone using the BPP Interactive Text Unit 5?

The trading, profit and loss account, Page 91

The example is shown as follows:

BUSINESS NAME
TRADING, PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED (DATE)

Sales x
Cost of sales x
___
gross profit x

etc

Shouldn't it me

Sales x
less cost of sale (x)
___
gross profit x


Ie shouldn't you minus the cost of sale from the sale to get the gross profit?

Thanks

Karen

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:BPP Interactive Text Unit 5

    It's the same in mine. I think you're right and this is an error - someone left the brackets out.

    Chris
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:BPP Interactive Text Unit 5

    Thanks
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