Cary Thims provides the following information for her business for the year ended 31 March 20*8: stock

Question:

Cary Thims provides the following information for her business for the year ended 31 March 20*8:

stock at 1 April 20*7 £1,768; stock at 31 March 20*8 £1,439; purchases £23,771; sales £56,880; returns inward £239.


Required

Prepare a trading account for the year ended 31 March 20*8 showing clearly the cost of goods sold.

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