P13 Trade debtors
Answer the question below to complete this label.
Did you have any trade debtors?
- No – Go to P14 Trade creditors.
- Yes – Read on.
You need to know
This is the total amount owing to the business at the end of the year for goods and services provided during 2023–24 (that is, current trade and other debtors).
Completing this question
Step 1 Work out the total amount owing from trade and other debtors. If you have more than one business, add up all trade and other debtor amounts.
Step 2 Write the total at P13 – label E in your schedule. Don't show cents.
P14 Trade creditors
Answer the question below to complete this label.
Did you have any trade creditors?
- No – Go to P15 Total salary and wage expenses.
- Yes – Read on.
You need to know
This is the total amount owed by the business at the end of the year for goods and services received during 2023–24 (that is, current trade and other creditors).
Completing this question
Step 1 Work out the total amount owing to trade and other creditors. If you have more than one business, add up all trade and other creditor amounts.
Step 2 Write the total at P14 Trade creditors – label F in your schedule. Don't show cents.
Continue to: Total salary and wage expenses – P15