=+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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