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(10 marks) Question 2 The foll owing are the balances of T Jackson for the year ended 31 December 2017 Stock at 1 January 2017

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(10 marks) Question 2 The foll owing are the balances of T Jackson for the year ended 31 December 2017 Stock at 1 January 2017 Raw materials Work in Progress Finished goods RM 16,500 19.600 Purchases : Raw materials Carriage on raw materials Direct Labour Office salaries Rent Office lighting & heating Depreciation: Works machinery 61,700 1,600 45,810 13,500 2,000 -4.760 -6,300 -1,600 198,600 Office equipment Sales Factory Fuel and power Stocks at 31 December 2017 were 4,920 Raw materials Work in Progress Finished goods 21,210 18,000 17,500 Required: Prepare a Manufacturing, trading and profit and loss account for the year ended 31 December 2017

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