Its Related to Cost Accounting

WU ? 5 Assign 1 [Compatibility Mode] - Word REVIEW VIEW FILE HOME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS Sign in # Find - * Cut Times New Ro - 12 A A Aa B : T AaBbcc AaBbcc AaBbc AaBbC6 AaBb C AaBbCI AaBbCc) AaBbc Emphasis 1 Heading 1 1 Heading 2 1 Heading 3 1 Heading 4 Normal Strong 1 Subtitle e Copy Format Painter Paste BI U abe x, x A aly - A E- aac Replace Select Clipboard Font E Paragraph Editing Styles 6: III.7. L III.2 3.....4 1.1.1.5..... Question 1: - The following is the trial balance of Falcon Manufacturing Company as at September 30, 2017 Dr. Rs. Cr. Rs. Dr. Rs. Cr. Rs Cash 30, 350 Accrued Dividends 11,000 Acc Receivables (net) 28, 150 Capital Stock at par value 90,000 Dir Material Inv - Oct 01 9.650 Paid-in-capital 25,000 Work-in-process Oct 01 6.900 Re Earnings - Oct 01 20. 350 Fin Goods Inv Oct 01 3.750 Sales 391.200 Prepaid Expenses 1.600 Sales Returns 2,850 Factory Equipment 131,500 Purchases of Material 93, 100 Acc Dep - Fac Equip 31, 400 Direct Labor 119, 700 Selling Equipment 71, 350 Factory Overhead 60, 750 Acc Dep-Selling Equip 23,700 Gen & Admin Expense Patents 19, 100 Income Tax Expense 23, 272 Accounts Payable 15, 422 Salary Payable 26, 000 634, 072 634. 072 32, 050 The inventories as at September 30, 2017 are as follows: Direct Material Inventory Rs. 9,020 Work-in-process Inventory Rs. 5, 250 Finished goods Inventory 2,250 Instructions: - Prepare the following external financial statements Cost of Goods Manufactured Statement b. Income Statement Statement of Retained Earnings C. PAGE 1 OF 2 348 WORDS + 90%