CAPE Accounting Unit 1 · 2009 · Paper 2 · Question 2(a)

Alfred's Beach Restaurant provides an unadjusted trial balance at December 31, 2008, along with additional information regarding share issue, dividend and loan interest payments, depreciation, closing inventory, accrued operating expenses, corporation tax, and loan repayment terms.

Prepare an Income Statement for the year ending December 31, 2008 in compliance with International Accounting Standards.

This question uses a figure or table from the paper — you'll see it when you practise.