=+4. *A manufacturer, who prepares his accounts to 31st December each year, debits all his purchases of

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=+4. *A manufacturer, who prepares his accounts to 31st December each year, debits all his purchases of machinery to a single Plant and Machinery Account, and writes oif depreciation by fixed annual instalments from each asset.

*Re-printed by courtesy of the Royal Society of Arts (R.S.A.).

FINAL ACCOUNTS 55 Trial Balance 31st March, 1961 £ £

Capital Account 14,400 Purchases 41,400 Sales 55,620 Trade Debtors 7,250 Trade Creditors 3,860 Stock in Trade, 1st April, 1960 4,120 3,860

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Accounting Principles And Practice

ISBN: 9781483169354

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Authors: S. Hall, N. Skene Smith

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=+4. *A manufacturer, who prepares his accounts to 31st December each year, debits all his purchases of

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Accounting Principles And Practice

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