Attil provides the following information for the year ended 31 December 20*8: stock at 1 January 20*8
Question:
Attil provides the following information for the year ended 31 December 20*8: stock at 1 January 20*8 £207; stock at 31 December 20*8 £870; purchases £43,672; sales £91,211; returns inward £75; returns outward £671; carriage inward £317; carriage outward £139; wages £23,649; rates £1,764; heating and lighting £2,785; telephone £1,476; insurance £579; general expenses £4,361.
Required
Prepare a trading and profit and loss account for the year ended 31 December 20*8.
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To prepare a trading and profit and loss account for Attil for the year ended 31 December 208 you ca...View the full answer
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