A Accounting

At 1 July 20X2 the share capital and share premium account of a company were as follows: Share capital –

At 1 January 20X2 the capital structure of ABC, a limited liability company, was as follows: $ Issued share capital

The following information is available about the transactions of David, a sole trader who does not keep proper accounting records:

A business has compiled the following information for the year ended 31 December 20X2: $ Opening inventory         96,550 Purchases