The following data was available for Hyde Ltd:

It is company policy to transfer goods from the manufacturing account to the statement of comprehensive income at cost plus 25%.
The provision for unrealised profit on unsold inventory as at 1 January 2010 amounted to £2,500.
Produce the ledger account for provision for unrealised profit on unsold inventory.

Transcribed Image Text:

Inventory of finished goods as at 1 January 2010 Inventory of finished goods as at 31 December 2010 12,500 14,800