Oscar's trading company prepares accounts to 31 December. In the year to 31 December 20X1 the following

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Oscar's trading company prepares accounts to 31 December. In the year to 31 December 20X1 the following trading transactions occur:

Sales Purchases Sales returns Purchases returns 72 411 53 005 361 1 860 Stock at 1 January 20X1 was £4182, and at 31 December 20X1 it was £5099. What is Oscar's gross profit for the year?

a) 21 822

b) 18102

c) 18 824

d) 22 544.

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Business Accounting And Finance For Non Specialists

ISBN: 9781861528728

1st Edition

Authors: Catherine Gowthorpe

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Question Posted: Jul 12, 2024 10:05 AM

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Oscar's trading company prepares accounts to 31 December. In the year to 31 December 20X1 the following

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Business Accounting And Finance For Non Specialists

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