Firstly I have completed the profit/loss account for a gig with ticket sales of £6 per ticket, at a 150 capacity. Here is the print screen of the budget with a re-written sample of a Trial Balance we received in class below;
An extract from the Trial Balance of DottKomm Promotions on 31st May 2012,
Dr Cr
Sales 600(100)
Stock at 1st June 2012 17(50)
Purchases 20(60)
Wages 30
Rent 120
Notes:
1, Tickets at 31st December was valued at 30(90)
2, Provision should be made for a dividend of £50
3, No provision should be made on Corporation Tax
* The number1(number2) -number1-value of tickets
-number2-no of tickets *
To achieve this I need to update my GANTT chart once more, just to include the new portfolio piece instead of delaying timescale on it.
Finally I had to add to my porftfolio the financial budget, this didnt take me that long which was a bonus this will show the amount of tickets to break-even or make a profit.
No comments:
Post a Comment