Kim Reddy provides the following information for the year ended 29 February 20*8: stock at 1 March

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Kim Reddy provides the following information for the year ended 29 February 20*8:

stock at 1 March 20*7 £502; stock at 29 February 20*8 £677; purchases £85,207; sales £137,503; returns inwards £506; returns outwards £109.


Required

Prepare the trading account for the year ended 29 February 20*8.

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