Dale Reynolds has the following details from his accounts for the year ended 31 December 2001.

Question:

Dale Reynolds has the following details from his accounts for the year ended 31 December 2001.

£ Ss Opening stock 5,000 Closing stock 8,000 Purchases 25,000 Purchases returns 2,000 Sales 50,000 Sales returns 1,000 Carriage inwards 1,000 Required:

Draw up Dale Reynolds trading account for the year ended 31 December 2001.

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