O-LevelAccountingAnalysis and interpretationOct/Nov 2019Paper 2 Q420 Marks
Indu is in business buying and selling goods on credit. The following information is available. At 1 October 2018 Inventory $35000 For the year ended 30 September 2019 Revenue $400000 Expenses $52000 At 30 September 2019 Inventory $68000 Owner's capital $150000 5% bank loan – repayable 2025 $50000 Mark-up was 25%. REQUIRED
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