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7. Below is the Trial Balance of Manson Kotobre Company on 31 May. 2013. a) Stock balances at the end of the year were b)

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7. Below is the Trial Balance of Manson Kotobre Company on 31 May. 2013. a) Stock balances at the end of the year were b) Provision for depreciation on plant and machinery should be 20% per annum on cost c) Profit margin on manufactured goods is at the rate of 10% on cost of production. 69 You are required to prepare a Manufacturing, Trading and profit loss account for the year ended 31" May 2013, and a Statement of Financial Position as at that date

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