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Dear Tutors, Your kind assistance for attached problem please. Thank you. The following selected accounts and their balances were taken from the books of INA
Dear Tutors,
Your kind assistance for attached problem please.
Thank you.
The following selected accounts and their balances were taken from the books of INA Manufacturing Corporation on December 31, 2016. (Acmunts in Raw '&teHaIs, En 1 Raw Dec 31 Goods in 1 Goods in Process, Dec 31 Finished Goods, h n Finished goods, Dec. 31 Raw Materials Purdased Raw '&teriais Returned Direct La bor In direct la bor FacrySupplies Used Offer Manufa auri ng Oterhead Facry Buildi ng Depreciation -Factory Building Facbry Equi pment Depreciation - Fa aory equi pment Repa irs of Faaory Eq uiprne nt Sales (Personnel) Salaries Advertising Expense Del ivery Equi pmen t Depreciati on -De Ifte ry Equi pment Rent Ejpense -Sales Offi Other Selling Expenses Salaries of Adrrinistlive Employees Offi Building Depreciation- Office buildi ng Offi Equipment Depreciation - Offic Equi pment Office Supplies Evense Misilaneous General E.enses Sales Sales Returns Sales Discount 2. Supporting Schedules (all amounts are in P'OOO) Net Sales, Raw Materials used, Factory Overhead, Cost of goods Manufactured, Cost of goods sold, Selling Expenses, General Expenses, P i,mo a,mo 2,soo 1,650 2S,ooo 20,000 S, 000 zooo 1,000 10 so
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