=+13. From the following list of balances and additional information prepare Manufacturing, Trading and Profit & Loss
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=+13. From the following list of balances and additional information prepare Manufacturing, Trading and Profit & Loss Accounts for the year ended 31st December, 1962, and a Balance Sheet as at that date:
Dr, Cr.
£ £
Sales 250,000 Raw Materials Purchased 65,000 Wages: Factory 71,000 Showroom 3,800 General Office 10,420 Rent and Rates: Factory 3,000 Showroom 1,800 General Office 1,200 Machine Repairs 5,810 Advertising 13,000 Fuel & Power: Factory 2,940 Showroom 320
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