Solved: The following information relates to the year ended 30, Accounting Basics

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The following information relates to the year ended 30

Question: The following information relates to the year ended 30 November 2016 for the business of Rob Berry:

Stock at 1 December 2007 £1,657;

Stock at 30 November 2008 £2,004;

Purchases £54,672;

Sales £98,651;

Returns inwards £421;

Returns outwards £803.

Required: Prepare the trading account for the year ended 30 November 2016.

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Accounting Basics: The following information relates to the year ended 30

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Accounting Basics: The following information relates to the year ended 30

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