The following trial balance was extracted from the books of Bashmetal Limited, a manufacturing company, at 31 October 19_5:

(a) Prepare the manufacturing, trading and profit and loss accounts of Bashmetal Limited for the year ended 31 October 19_5 (including an appropriation account). ; (22 marks)

(b) Prepare the balance sheet of the company as at 31 October 19_5S.
The above accounts and balance sheet need not be in a form suitable for publication.

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Share Capital (Authorised and Issued) Ordinary shares of 25p each Profit and Loss Account, 1 November 19_4 Share Premium Account 6% Debentures Debtors and Creditors 60 000 18 550 5.000 20 000 64 947 20 260 Opening Stocks: Raw materials 18 260 Work-in-progress 12 480 Finished goods 18.060 Bank 38 400 Factory buildings 42 000 Plant and machinery Fixtures and fittings 28 420 9 600 Provision for depreciation: Factory buildings Plant and machinery Fixtures and fittings Production wages Raw materials purchased Bad debts written off Carriage inwards Carriage outwards Non-productive factory labour Light, heat and power Rent, rates and insurance 71 940 49 770 4 200 17 052 3 840 460 190 2.840 21 450 2 200 3 650 41 205 1.600 300 000 1400 Directors' salaries Audit fee Sales Bank charges Advertising Debenture interest paid 1 200 600 Administration expenses 18 230 448 902 448 902