Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
The Trading Account from the following particulars for the year ended 31st March 2017 is $2,364,000.
Trading Account
Opening Stock $250,000 Sales $1,800,00
Add Purchases $700,000 Less Sales return ($36,000)
Less Return ($22,000) Closing Stock is valued $600,000
Wages $206,000
Carriage Inward $34,000
Manufacturing Expenses $248,000
Gas, Fuel and Power $75,000
Factory Lighting $96,000
Dock Charges $8,000
Gross profit $769,000
($250,000+$700,000-$22,000+$206,000+$34,000+$248,000+$75,000+$96,000+$8,000-$2,364,000)
Total $2,364,000 Total $2,364,000
Inconclusion the trading account from the following particulars for the year ended 31st March 2017 is $2,364,000.
Learn more about trading account here:https://brainly.com/question/17727564
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.