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From the information given below, prepare the Farm Accounts: Opening Stock $. Crops 42,000 Closing Stock $. 55,000 Growing Crops 31,000 43,000 Seeds 5,400
From the information given below, prepare the Farm Accounts: Opening Stock $. Crops 42,000 Closing Stock $. 55,000 Growing Crops 31,000 43,000 Seeds 5,400 4,500 Cattle 3,15,000 4,02,000 Cattle feed 8,000 7,500 Poultry 15,000 35,000 Poultry food 4,000 8,000 Mushrooms 2,500 3,700 Fertilizers 12,000 16,000 Purchases During the year $. Sales during the year $. Poultry 55,000 Butter 12,700 Seeds 7,800 Milk 47,500 Cattle 1,20,000 Eggs 28,000 Cattle food 17,500 Crops 1,02,000 Fertilizers 35,000 Flowers 6,000 Poultry food 17,500 Fruits 9,000 Mushroom seeds 5,200 Cattle 45,000 Poultry 41,000 Mushroom 9,000 Vegetables 8,500 Expenses during the year Wages $. Insurance 37,800 Depreciation 3,700 Repairs 2,500 Interest on Loan 1,900 8,300 Proprietor of the farm has consumed the following Products of the farm:- Butter 700 Milk 3,200 Eggs 700 vegetables 800 Poultry 1,100 Fruits 200 Crops 5,000
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