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Research and write business and teacher resources for High School pupils. linktr.ee/ericsutherland

Research and write business and teacher resources for High School pupils. linktr.ee/ericsutherland
Balance Sheet Notes 3 and 4 Debtors and Creditors
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Balance Sheet Notes 3 and 4 Debtors and Creditors

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Debtors are when a person or business owe your company money for work performed or for buying parts to complete a job. Creditors are when a person or business pays your company in advance for work to be performed or for buying parts to complete a job. When VAT is due to be refunded to your company after assets have been purchased.
Balance Sheet Note 5 Called up share capital
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Balance Sheet Note 5 Called up share capital

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Has now been expanded to cover both paid-up shares and unpaid shares. In most small companies that don’t pay dividends to share holders it’s easy. But with 100 £1 shares and only 2 paid-up. Means only 2% of profits can be paid out as dividends.
Profit and Loss Accounts
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Profit and Loss Accounts

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Examples, Questions and Answers supplied to help users understand when a Profit or Loss is made by a company. Also Note 1 for the Accounts relates to the Detailed Breakdown of expenses required to run the business.
QM023 CE Marking V002
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QM023 CE Marking V002

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Describes how a product is tested and the related directives and issued certificate confirming tests passed, that allow the CE mark to be added with the certificate reference number.