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Pare the manufacturing Account, Trading Account, Profit and Loss Account and the Balancesneet relating to 1998.Question 3:10 MarksDraw up the Manufacturing Account showing cost of production and the Trading Account showinggross profit from the following:Rs.Purchase of Raw Materials3,000Electric power consumed750Opening Stock - finished goods5,000Carriage on raw materials100Opening Stock - partly finished goods1,000Returns- raw materials200Opening Stock - Raw materials2,500Sales10,000Repairs - Plant and Machinery200Manufacturing Wages2,500Factory rent and taxes400Sales returns500Depreciation --Factory Buildings100Depreciation - plant and Machinery300Factory Insurance150The closing Stock was : Raw materials, Rs.2,000, Partly finished goods. Rs.1,600 and finishedgoods, Rs.8,000 |
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Answer» ☺️☺️ Explanation: |
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