=+You are to make provision for the prepayments and accrual at 30th September, 1962 and to show
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=+You are to make provision for the prepayments and accrual at 30th September, 1962 and to show the transfer to the Profit & Loss Account at that date.
11. From the following information relating to a manufacturing business, compile a statement from which to ascertain:
(a) The cost of materials used,
(b) The cost of goods produced,
(c) The cost of goods sold and the gross profit theron, and
(d) The net profit earned.
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