The following information has been extracted from Lathoms books of account for the year to 30 April

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The following information has been extracted from Lathom’s books of account for the year to 30 April 2016:


Required:

(a) Prepare Lathom’s trading account for the year to 30 April 2016.

(b) State where the inventory at 30 April 2016 would be shown on the statement of financial position as at that date.

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Related Book For  answer-question

Accounting For Non-Accounting Students

ISBN: 9781292128979

9th Edition

Authors: John R. Dyson, Ellie Franklin

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