2094 Financial Statements and Analysis Assignment
- Subject Code :
2094
- Country :
Australia
ASSIGNMENT TASK:
Media Marketing is a Birmingham based marketing agency that provides marketing services and shared workspaces for small enterprise start-ups. The design of the office space allows for: individual and shared offices; hot-desking; meeting rooms and event functions. Media Marketing is also fully equipped with the latest technological equipment.
Throughout the building there are a selection of coffee lounges and casual diners where customers can network with other like-minded entrepreneurs. However, despite the promising interest and demand from the local entrepreneurial community, Media Marketing are reporting comparatively disappointing figures. For example: Media Marketing have stated that their attendance for the last financial year was 40,000 customers - a reduction of over 20% from previous years.
Notes to the trial balance:
- Closing stock of Food & Drink at 31st August 2022 was £22,350
- Depreciation of Fixtures & Fittings at 15%
- Depreciation of Computers and IT Equipment at 20%
- Depreciation of Kitchen Equipment at 10%
- Depreciation of Motor Vehicles at 10
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