Question

£
36,000
42,000
210,000
Inventory 1 January 2017
Inventory 31 December 2017
Sales for year
You are required to:
(a) Ascertain cost of goods sold.
(b) Show the value of purchases during the year.
Io Calculate the profit made by Almeida.
Show your answer in the form of the trading account section of a statement of profit or loss.
341 J. Almeida is a trader who sells all of her goods at 40% above cost. Her books give the
following information at 31 December 2017:​

Answer 1

Answer:

what is this dude?

I can't simplify please do it by yourself