Copy out the following trading account filling in the necessary missing figures Sales Less Returns inwards Net turnover Less Cost of goods sold Opening inventory Add Purchases Add Carriage inwards Less Returns outwards Less Closing inventory Gross profit 8,798 54,232 767 453 54,546 54,353 54,231 41...

Copy out the following trading account filling in the necessary missing figures: Sales Less Returns inwards Net

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Copy out the following trading account filling in the necessary missing figures: image text in transcribed

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 08, 2024 07:01 AM

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Copy out the following trading account filling in the necessary missing figures: Sales Less Returns inwards Net

Question:

Sales Less Returns inwards Net turnover Less Cost of goods sold Opening inventory Add Purchases Add Carriage inwards Less Returns outwards Less Closing inventory Gross profit 8,798 ?????? 54,232 767 ?????? 453 54,546 ?????? 54,353 ?????? 54,231 41,773 ??????

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Sales Less Returns inwards Net turnover Less Cost ...View the full answer

Frank Woods Business Accounting Basics

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