The following information is given for the year ended 31 October 20*8 for Elsie: stock at 1 November 20*7 1,234;

Question:

The following information is given for the year ended 31 October 20*8 for Elsie:

stock at 1 November 20*7 £1,234; stock at 31 October 20*8 £1,357; purchases £48,961; sales £88,552; returns inwards £508; returns outwards £469; carriage inwards £48; carriage outwards £1,486.


Required

Prepare a trading account for the year ended 31 October 20*8.

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Chapter # 3
Section: Question
Problem: 26
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Question Posted: August 21, 2023 09:46:11