Assume Baja Company has the following account balances: Sales $537,330, Sales Returns and Allowances $15,045, Cost of Goods Sold $339,984, Selling Expenses $71,520, and Administrative Expenses $42,518,find net sales, gross profit and income from oprations



Anyone know where i can learn how to do a profit and loss account, and a balance sheet?An Internet tutorial explaining all the stages which you have to go through, to do these things would be great. Or if either of these procedures can be explained in an answer, that be perfect. Any tips would be greatly appreciated.



My husband’s company is closing the profit sharing account, the participating employees are getting the funds in cash not stocks.



I could send it to you via IM,
Also I am not sure how to calculate the annual depreciation amount using the reducing balance method at a rate of 20%.



My middle aged brother has cancer and little health insurance. If I want to get donations rolling, what is the best way to do this? I thought a non-profit would be good, but it seems like overkill. Any other ideas?



im self employed and everything looks good for the loan its just they want to see a profit-loss statement from last year..Ive never had to do one of these…should it match my taxes, or be more, less? I just need this home loan

Is it wrong to make profit from a charity?



To buy books from a charity and then sell them at full price to make profit.



The account was closed in may and they have charged me 60 days late for June, July and August. If the account was closed can they legally charge me late after the close date?



I know they make profit from the “spread’.
Their spread is much little from the bank. While the banks’ spread is bigger.

If they ran out of foreign currencies e.g. Eurodollar,
dont they need to get it from the bank?

How do they make profit?

great income
Dan The Man asked:


I’m tired of throwing my $$ away on rent.

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