Exercise 20: Trading Account
Your task in this exercise is to prepare a Trading Account so that you can calculate and show the Gross profit earned using the following information.
You may want to visit the page "The Trading Account" for advice on how to prepare and format the answer to this exercise.
The information you are given to prepare a Trading Account is as follows:
Answer to this Exercise
You can obtain an answer to this and all other accounting exercises on this website: