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Accounting help. please explain Annie is a sole trader who does not keep full accounting...

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Accounting

Accounting help. please explain Annie is a sole trader who does not keep full accounting records. The following details relate to her transactions with credit customers and suppliers for the year ended 30 June 20X6. $ Trade receivables, 1 July 20X5130,000 Trade payables, 1 July 20X560,000 Cash received from customers 686,400 Cash paid to suppliers 302,800 Discounts allowed 1,400 Discounts received 2,960 Contra between payables and receivables ledger 2,000 Trade receivables, 30 June 20X6181,000 Trade payables, 30 June 20X684,000 What figure should appear in Annie's statement of profit or loss for the year ended 30 June 20X6 for purchases?

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