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Draw up a trading and profit and loss account for r knight

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Reference no: EM132659938

Problem 1: Using the following information, draw up a trading and profit and loss account for R Knight for the year ended 31 October Year 3.

RM Sock at 31 October Year 2 15,200

Purchases 75,400

Sales 120,500

Returns inwards 740

Carriage inwards 2,150

Carriage outwards 3,200

Wages 28,500 Sundry expenses 2,230 Stock at 3 1

October Year 3 13,600

Reference no: EM132659938

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