Exercise 3.6 (Solution on page 69) The following is a statement of financial position of David's business at 1 lanuary of last year. The following is a summary of the transactions that took place during the year: 1) Inventories were bought on credit for 617.220 . 2) Inventories were bought for 63.760 cash. 3) Credit sales revenue amounted to 33.100(cost15.220). 4) Cash sales revenue amounted to 610.360 (cost 64.99 ). 5) Wages of 3.770 were paid
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