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Stella Ltd produces monthly accounting reports. The following are all the transactions for October 2013. Sales Returns inwards Purchases Returns outwards 25,000 8,688 23,750 4,590

Stella Ltd produces monthly accounting reports. The following are all the transactions for October 2013. Sales Returns inwards Purchases Returns outwards 25,000 8,688 23,750 4,590 Freight inwards 1,250 Freight outwards 2,345 Inventory, 1 October 2013 12,500 Inventory, 30 October 2013 18,750 The gross profit for Stella Ltd for October 2013 is

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