the following data relate to the year end balances for the business of j fowler from 611251

The following data relate to the year-end balances for the business of J Fowler. From this data construct the income statement for the year ended 31 March 2018.

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Sales

56,490

Purchases

24,654

Opening inventory

8,903

Closing inventory

6,563

Returns inwards

321

Returns outwards

450

General expenses

3,190

Commission received

2,100

Maintenance expenses

1,340

Wages

23,000

Office expenses

995

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