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The Happy Haddock Angling Club Bar Trading Account shows total income of £6000 with opening inventory of £800 and purchases of £3750, resulting in a cost of income of -£900 and cost of sales of -£3650. After deducting expenses of £600 from a gross profit of £2350, the net profit for the period was £1750.

Author

Haewon Kook

Language

EN