Draw up the trading account section of the statement

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Reference no: EM131385382

From the following information, draw up the trading account section of the statement of profit or loss of C. Dale for the year ending 31 January 2016, which was his first year in business:

	£
Carriage inwards	2,000
Return outwards	600
Return inwards	2,500
Sales	310,000
Purchases	260,000
Inventory of goods: 31 January 2016	22,000

Reference no: EM131385382

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