Problem based on bags r us ltd, Business Management

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Bags R Us Ltd

P&L Account for Bags R Us, year ended 31st March 2008.

 

$

$

Sales ($35 * 3,000)

 

105,000

Opening stock

15,000

 

Purchases

50,000

 

less Closing Stock

20,000

 

Cost of Goods Sold

 

45,000

Gross Profit

 

60,000

 


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