Total purchases during the year ending 31 December 2012 were 113,400, and at the end of the
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Total purchases during the year ending 31 December 2012 were £113,400, and at the end of the year the annual stocktake showed that Candlewick Ltd had 50 boxes of candles in stock which had cost £15 each. What are the figures for closing inventory at 31 December and cost of sales for the year ending 31 December 2012?
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Related Book For 
Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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