The following information relates to Mungoma Traders for the year ended 31^st Dec 2015

The following information relates to Mungoma Traders for the year ended 31^st Dec 2015

Gross profit............................... 140,000
Salaries ...................................20,000
Electricity charges..........................8,000
Discount Allowed............................ 6,000
Discount Received............................ 26,000

Prepare a profit and Loss Account for Mungoma Traders for the year ended 31^st Dec 2015.

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sharon kalunda answered the question on September 5, 2019 at 11:52

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