? Inventory on hand at $1$ ?April $201884600$

Goods purchased on credit $157800$

Goods bought for cash $392600$

Transport charges to bring goods to our premises from our suppliers $24200$

Transport charges to deliver goods to our customers $33900$

Insurance costs to cover goods in transit to our customers $14500$

Credits granted to trade debtors for goods returned $31700$

Credits received from trade creditors for goods returned $42300$

Goods sold for cash $738600$

Goods sold on credit $281400$

At the end of the financial year on$,$ ?a physical stock$-$take and costing of the stock onhand

revealed that stock to the value of R$168600$ ?was on hand at $31$March $2019.$

Required:

a$)$ ?Prepare the trading section of the statement of profit and loss and other

comprehensive income for the year ended $31$ ?March $2019.$

b$)$ ?Calculate the gross profit percentage on cost and the gross profit percentage on

sales $($correct to two decimal places$).$

c$)$ ?Provide one reason the perpetual inventory method cannot be used with the above

information.

$5\mathrm{.}7\mathrm{.}2$ ?K Waters runs a business t