From the following data, produce a trading account for the year ended 31 December 2018.
|
£ |
|
|
Opening inventory |
8,130 |
|
Closing inventory |
10,120 |
|
Purchases |
65,800 |
|
Sales |
84,000 |
|
Carriage inwards |
320 |
|
Returns inwards |
110 |
|
Returns outwards |
255 |