Tom OLeary provides the following information for his business for the year ended 30 November 20*8: stock
Question:
Tom O’Leary provides the following information for his business for the year ended 30 November 20*8:
stock at 1 December 20*7 £8,663; stock at 30 November 20*8 £6,711; purchases £106,734; sales £214,775; returns outward £231.
Required
Prepare a trading account for the year ended 30 November 20*8.
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