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

      

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

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

  

Answers

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

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