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The following information was extracted from the books of Migori Traders on

The following information was extracted from the books of Migori Traders on 31st December 2015.

Stock 1st Jan................................... 30,000
Sales .......................................................500,000
Purchases ...................................................300,000
Return in ....................................................5,000
Purchases return ............................................20,000
Carriage in ..................................................5,000
Stock 31st Dec 2015............................... 70,000
Sales and wages ..............................................20,000
Commission received........................................... 5,000
Repairs .......................................................5,000
Prepare;
Trading account
Profit and loss account

Answers


sharon
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sharon kalunda answered the question on September 4, 2019 at 13:46

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