The following information relates to the year ended 31 July 20*8 for Pauline: stock at 1 August
Question:
The following information relates to the year ended 31 July 20*8 for Pauline:
stock at 1 August 20*7 £429; stock at 31 July 20*8 £591; purchases £32,649; sales £71,544.
Required
Prepare a trading account for the year ended 31 July 20*8.
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