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Accounting 1. One of the establishments consists of two divisions (A) and (B), whereby Section (1) purchases and manufactures raw materials and then transfers its
Accounting 1. One of the establishments consists of two divisions (A) and (B), whereby Section (1) purchases and manufactures raw materials and then transfers its production to Division (B) after adding 25% of the cost price as a profit for Section (A). By selling the goods directly to the consumer, the following are the data on the activity of the corporation for the year 2003. Section (A) Section (B) Statement Commodity at the beginning of the period Purchases of raw materials Various direct expenses Procurement returns Sales of goods at the end of the period If you know the goods of the end of the period in Section (A) denominated At the cost price and with Section (B) it includes the added profit from Section (A). Required: - Preparing the analytical trading account for each department in Jeddah. Extracting the transfer profits unrealized in the goods at the end of the period. / Show the goods at the end of the period in the general budget of the institution. 5000 21000 9000 2000 36500 8500 Enter your answer Submit Accounting 1. One of the establishments consists of two divisions (A) and (B), whereby Section (1) purchases and manufactures raw materials and then transfers its production to Division (B) after adding 25% of the cost price as a profit for Section (A). By selling the goods directly to the consumer, the following are the data on the activity of the corporation for the year 2003. Section (A) Section (B) Statement Commodity at the beginning of the period Purchases of raw materials Various direct expenses Procurement returns Sales of goods at the end of the period If you know the goods of the end of the period in Section (A) denominated At the cost price and with Section (B) it includes the added profit from Section (A). Required: - Preparing the analytical trading account for each department in Jeddah. Extracting the transfer profits unrealized in the goods at the end of the period. / Show the goods at the end of the period in the general budget of the institution. 5000 21000 9000 2000 36500 8500 Enter your answer Submit
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