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{"ops":[{"insert":"The following information was extracted from Lockdown Traders books for 31 July 2021 financial\u00a0\nyear. Lockdown requested you to assist with missing information. Use the information below to\u00a0\ncomplete the financial statements.\n2 (a). 12 Marks\nLockdown Traders\nStatement of Comprehensive Income as at 31 July 2021\nSales ? (a)\nLess: Cost of goods sold:\nOpening Stock 36 800\nAdd: Purchases ? (b)\n\u00a0185 900\nClosing Stock 23 700\nCost of Sale ? (c)\nGross Profit ? (d)\nLess: Expenses: ? (e)\nNet Profit ? (f)\nAdditional information:\nSales margin \u2013 20%\nNet profit margin \u2013 4%\n"}]}
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