The following information is available for the year ending 31 December 2017. Draw up the trading account section of the statement of profit or loss of J. White for that year.
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£
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Inventory: 31 December 2017
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48,600
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|
Return inwards
|
14,400
|
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Return outwards
|
22,600
|
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Purchases
|
340,000
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|
Carriage inwards
|
2,800
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|
Sales
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444,000
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