Question: can u please answer this urgently. thank uou Section B: Question 3 Draw up the trading account section of the statement of profit or loss
Section B: Question 3 Draw up the trading account section of the statement of profit or loss of Smith for the year ended 31 December 2018 from the information below, which was his first year in business: (5 marks) $ Carriage inwards 3,800 Returns outwards 2,100 Returns inwards 7,000 Sales 750,000 Purchases 380,000 Inventory as at 31 December 2018 45,000
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