A business income statement for the year ended 31 December 20X9 showed a net profit of 115,000. It was later found that 12,600 paid for

A business income statement for the year ended 31 December 20X9 showed a net profit of £115,000. It was later found that 12,600 paid for the purchase of a motor van on 1 January 20X9 had been debited...