ASSIGMENTS ACCOUNTS.pdf - Adobe Acrobat Reader (64-bit) File Edit View Sign Window Help Home Tools ASSIGMENTS ACC D. Prepare a working capital estimate from the following details given by hardy manufacturing company who are involved in production of hospital supplies-(\$) Debtors-15000 ( 2 months) Cash-25000 Cash at bank 16500 Prepaid rent (paid quarterly)- 8000 Raw material-12000 Finished goods-13100 Creditors of suppliers- 16000 ( 12 weeks) Wages outstanding-8000 (24 weeks) Expense due ( 20 weeks)-5000 The organisation wants to maintain a margin of 10% reserve in order to meet any contingency arises in the future. Assume 52 weeks in a year. QUESTION 3 A. Tomas company engaged in health care decided to go for purchases of MRI scan machine with an investment of 20000$ in the year 2019.the machine has economic life of 3 years and the end of 3 years it can be disposed of with a salvage value of 4000$. The organisation wants to follow straight line method of deprecation, so calculate deprecation and show machinery account and deprecation account with necessary journal entries