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BlitZ

 posted on 24th Apr 05 at 18:48

k that's what i was looking for :thumbs:


Phil321

 posted on 24th Apr 05 at 17:06

quote:
Originally posted by Happy_2008
Yeah but its normally classed as retained profits. If i remember correct on the trial balance sheets etc they are 2 seperate incomes etc


Retained profit is balance sheet i.e. a current asset, profit (gross/net) is a P&L item.


Charlene

 posted on 24th Apr 05 at 14:48

Il put it down as well then thanks :thumbs:


Happy_2008

 posted on 24th Apr 05 at 14:47

Yeah but its normally classed as retained profits. If i remember correct on the trial balance sheets etc they are 2 seperate incomes etc


BlitZ

 posted on 24th Apr 05 at 14:28

does General Profits not cover Retained Profits ? I thought profit was retained in the first place :| :lol:

[Edited on 24-04-2005 by BlitZ]


Happy_2008

 posted on 24th Apr 05 at 14:24

Also for internak = Retained profits :thumbs:


BlitZ

 posted on 24th Apr 05 at 14:18

No Probs :thumbs:


Charlene

 posted on 24th Apr 05 at 14:17

Yea thanks :thumbs::D


BlitZ

 posted on 24th Apr 05 at 14:16

Internal = Profit - Reduce Workin Capital - Sale of assets - leaseback

External = Loans - Overdrafts - debentures - shareholders


That enough?

[Edited on 24-04-2005 by BlitZ]


Twiggy

 posted on 24th Apr 05 at 14:13

Were all fick on ere love!:lol::lol::lol:


Charlene

 posted on 24th Apr 05 at 13:56

Was wondering if anyone did business studies and could answer a question for me, im trying to help my brother with hes homework and need to know

Four resources of internal and external finance

Cheers :thumbs: