The following details for the year ended 31 March 19X8 are available. Draw up the trading account

Question:

The following details for the year ended 31 March 19X8 are available. Draw up the trading account of K Taylor for that year.

£

Stocks: 31 March 19X8 18,504 Returns inwards 1,372 Returns outwards 2,896 Purchases 53,397 Carriage inwards 1,122 Sales 54,600

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