The following information relates to the year ended 31 March 20*8 for Belindas business: stock at 1

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The following information relates to the year ended 31 March 20*8 for Belinda’s business:

stock at 1 April 20*7 £6,500; stock at 31 March 20*8 £5,850; purchases £266,000; sales £412,000; purchase returns £470; sales returns £990; carriage inwards for the year £430; carriage outwards for the year £1,670.

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Prepare a trading account for the year ended 31 March 20*8.

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Introducing Accounting For AS

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Authors: Ian Harrison

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Question Posted: Aug 21, 2023 09:46 AM

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The following information relates to the year ended 31 March 20*8 for Belindas business: stock at 1

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To prepare the trading account for the year ended 31 March 208 we need to calculate the cost of good...View the full answer

Introducing Accounting For AS

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