The following information is given for the year ended 31 October 20*8 for Elsie: stock at 1
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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Trading Account for the Year Ended 31 October 208 Start with the opening stock at 1 November 207 123...View the full answer
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Abdul Wahab Qaiser
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