Google Answers: TRADING ACCOUNT

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Q: TRADING ACCOUNT ( No Answer, 0 Comments )

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Subject: TRADING ACCOUNT
Category: Reference, Education and News > Homework Help
Asked by: pasteroo-ga
List Price: $2.00

Posted: 19 Jan 2006 23:54 PST
Expires: 18 Feb 2006 23:54 PST
Question ID: 435712

From the following information extracted from the books of Kelner
Enterprise.Prepare a trading account for the year ended 31/12/1990.
           Trail Balance
Details                 Dr                    Cr
Opening stock           8,000
sales                                          80,000
Returns outwards                                2,000
Carriage inwards        6,000
Purchases              42,000
       
the stock as at 31/12/1990 was $10000

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