Individual Assignment (20% 1- Prepare a Manufacturing account for the year ended 31 December 2017 2- Prepare a Trading account for the year ended 31 December 2017 RM 800 1,050 350 420 1 January 2017, Stock of raw materials 31 December 2017, Stock of raw materials 1 January 2017, Work in progress 31 December 2017, Work in progress Year to 31 December 2017: Wages : Direct : Indirect Purchase of raw material Fuel and power Direct expenses Lubricants Carriage inwards on raw materials Rent of factory Depreciation of factory plant & machinery Internal transport expenses Insurance of factory buildings and plant General factory expenses 1 January 2017, Stock of finished goods 31 December 2017, Stock of finished goods Sales of finished goods 3,960 2,550 8,700 990 140 300 200 720 420 180 150 330 3,500 4,400 25,000