microsociety week 6+7

profit and loss

Profit is when you earn money from trading and that is your buisness money and loss is when you use your money and trade it for something else.

We tried to work out if our company's had made any profit or loss.

We had to keep our company ledgers up to date.

Each week we have 2 trading sessions.

We also talked a bit about supply and demand as a class

When we were trading we tried to work out if we were making a profit or not.

EXTRA:

We did come across a few partnership issues, and some people did sack others from groups and there was A LOT of team mixing!