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Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
Return to Review Question 7.1 and prepare a statement of financial position as at 31 October 2016.
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Question 7.1
From the following trial balance of I. Lamb, extracted after one year's trading, prepare a statement of profit or loss for the year ending 31 October 2016. A statement of financial position is not required.

Inventory at 31 December 2016 was £15,600.
(Keep your answer; it will be used later in Review Question 8.1.)
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Q
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