Additional information

1. Water and power, heat and light, and rent and rates are to be apportioned in the proportion factory to office 2:1
2. Salaries and wages prepaid is Sh.200m and printing and stationery accrued amounts Sh.400m
3. Depreciation on plant and machinery is 25% reducing, and depreciation on furniture and fittings 10% straight line
4. Depreciation on motor vehicle 20% straight line and apportioned to factory and office in the ratio of 3:1
5. Inventory as at 31 December 20X8: Sh.

Raw materials 5,200m

Work in progress 2,340m

Finished goods 6,350m

6. Provision for bad debts 5%.
7. Taxation rate at 30%

Required

1. Manufacturing account
2. Income Statement
3. The Statement of Financial position.

2 VIEW DI REVIEW REFERENCES MAILINGS PAGE LAYOUT HOME INSERT DESIGN ASSIGNMENTS MANUFACTURING ACCOUNTS (10 Martes Meng and Allied ad manufactures false teeth and toothing that are used by dentist to replace and retrott and uprooted teeth. The following is the balance sheet as 31 March 2008 Particules 5,600 2.400 1,200 2,350 1.250 3.500 3,600 4.500 1.100 14,000 5,400 53,120 Plant and machinery Motor vehides Furniture and fittings Inventory 1 lanuary 2008 Raw materials Work in progress Finished goods Trade receivables Cash at Bank Cash in hand Ordinary share capital Sh.10 each Trade payables Sales General factory expenses Lubricants and fuels Direct expenses Carriage inwards of raw materials Direct wages Factory power Purchase of raw materials Purchases of finished goods Carriage outwards Retained revenue Rent and rates General expenses Accumulated depreciation 1.1.2024 Plant and machinery Motor Vehicles Furniture and fittings Provision doubtful detta Sales como Staff welfare Traveling and transport Printing and stationery Discount lowed Salaries and wages Telephone, and internet Advertisements and promotions Banches 2.570 1.240 2.500 1.200 2.500 1,670 18.000 500 2.300 9,500 1.500 3,520 2.450 1.000 2:40 100 1.800 1,150 700 850 360 3.500 750 1,350 2.000 OF 2 318 WORDS M Type here to search O mi LAYOUT Water and power Heat and light 980 3,850 86,010 86,010 Additional information 1 Water and power, heat and light, and rent and rates are to be apportioned in the proportion factory to office 2:1 2. Salaries and wages prepaid is Sh.200m and printing and stationery accrued amounts Sh.400m 3. Depreciation on plant and machinery is 25% reducing and depreciation on furniture and fitting 10% straight line 4. Depreciation on motor vehicle 20% straight line and apportioned to factory and office in the ratio of 3:1 5. Inventory as at 31 December 20X8: Sh. Raw materials 5,200m Work in progress 2,340m Finished goods 6,350m 6. Provision for bad debts 5% Taxation rate at 30% Required a) Manufacturing account b) Income Statement c) The Statement of Financial position