Ammar provides the following information for the year ended 30 June 2004. Ammar's margin on all sales

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Ammar provides the following information for the year ended 30 June 2004.

Ammar's margin on all sales is 20%.

Required

Prepare Ammar's Trading Account for the year ended 30 June 2004 in as much detail as possible.

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 27, 2023 08:51 AM

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Ammar provides the following information for the year ended 30 June 2004. Ammar's margin on all sales

Question:

Opening stock Closing stock Cost of goods sold $ 4.000 7.000 28 000

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To prepare Ammars Trading Account for the year ended 30 June 2004 we need to calculate the cost of g...View the full answer

Accounting A Level And AS Level

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