The Fabricating Company carries on a manufacturing business. Information extracted from its trial balance at 31 March
Question:
The Fabricating Company carries on a manufacturing business. Information extracted from its trial balance at 31 March 2004 is as follows.
The following further information is given.
Completed production is transferred to the warehouse at a mark-up on factory cost of 20%.
Required
Prepare a Manufacturing, Trading and Profit and Loss Account for the year ended 31 March 2004.
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