The following data relate to the year end balances for the business of A Alsop From these data, construct the income statement for the year ended 31 December 2029 Sales 100,000 Purchases 68,000 Opening inventory 5,400 Closing inventory 7,250 Carriage inwards 460 Rent 7,000 Insurance 2,100 Wages and...

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The following data relate to the year-end balances for the business of A Alsop. From these data,

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The following data relate to the year-end balances for the business of A Alsop. From these data, construct the income statement for the year ended 31 December 2029.

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Accounting For Non-Accountants

ISBN: 9781789664300

12th Edition

Authors: David Horner

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Question Posted: May 20, 2024 02:02 AM

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The following data relate to the year-end balances for the business of A Alsop. From these data,

Question:

Sales 100,000 Purchases 68,000 Opening inventory 5,400 Closing inventory 7,250 Carriage inwards 460 Rent 7,000 Insurance 2,100 Wages and salaries 18,500 Heating and lighting 870

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Accounting For Non-Accountants

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