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The following details for the year ended 31 March 2003 are available. Draw up the trading account of R Sings for that year. Stocks: 1

The following details for the year ended 31 March 2003 are available. Draw up the trading account of R Sings for that year.

Stocks: 1 April 2002 16,523

Returns inwards 1,372

Returns outwards 2,896

Purchases 53,397

Carriage inwards 1,122

Sales 94,600

Stocks: 31 March 2003 14323

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