O-LevelAccountingAnalysis and interpretationOct/Nov 2021Paper 2 Q220 Marks
Jabir owns an electrical wholesale business. The following balances appeared in his books on 30 September 2021. Inventory $8000 Purchases $109000 Trade payables $11600 Revenue $160000 Trade receivables $22600 Operating expenses $35200 The inventory on 1 October 2020 was $11000. All sales and purchases were on a credit basis.
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