No. 1(a): Preparation of VIP Enterprises’ Income Statement for the year ended 30th November 2011:
No. 1(b): Preparation of VIP Enterprises’ Statement of Financial Position as at 30th November 2011:
No. 1(c) Calculation of Stock Turnover and Return on Capital Employed (ROCE) ratios:
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The author holds a Bsc (Hons) Degree in Applied Accounting from Oxford Brookes University, England and enjoys a successful career as an Accounting Supervisor and a private tutor.