The following information is given for the year ended 30 November 20*8 for Gwenelle: stock at 1

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The following information is given for the year ended 30 November 20*8 for Gwenelle:

stock at 1 December 20*7 £12,453; stock at 30 November 20*8 £10,661; purchases £157,994; sales £325,007; wages £56,743; rates £6,740; heating and lighting £5,441; advertising £1,250; insurances £6,750; general expenses £7,531.

Required

Prepare a trading and profit and loss account for the year ended 30 November 20*8.

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Introducing Accounting For AS

ISBN: 9780340959404

2nd Edition

Authors: Ian Harrison

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Question Posted: Aug 21, 2023 09:46 AM

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The following information is given for the year ended 30 November 20*8 for Gwenelle: stock at 1

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Trading and Profit and Loss Account for the Year Ended 30 November 208 Revenue Sales 325007 Cost of ...View the full answer

Introducing Accounting For AS

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