Meno and Allied Lid manufactures false teeth and tooth filling that are used by dentist to replace and refill rotten and uprooted teeth. The following is the balance sheet as 31 Dec 20X8: Additional information 1. Water and power, heat and light, and rent and rates are to be apportioned in the proportion factory to office 2:1 2. Salaries and wages prepaid is Sh.200m and printing and stationery accrued amounts Sh.400m 3. Depreciation on plant and machinery is 25% reducing, and depreciation on furmiture and fittings 10% straight line 4. Depreciation on motor vehicle 20% straight line and apportioned to factory and office in the ratio of 3:1 5. In 6. Provision tor bad debts 3%. 7. Taxation rate at 30% Required a) Manufacturing account b) Income Statement c) The Statement of Financial position. Meno and Allied Lid manufactures false teeth and tooth filling that are used by dentist to replace and refill rotten and uprooted teeth. The following is the balance sheet as 31 Dec 20X8: Additional information 1. Water and power, heat and light, and rent and rates are to be apportioned in the proportion factory to office 2:1 2. Salaries and wages prepaid is Sh.200m and printing and stationery accrued amounts Sh.400m 3. Depreciation on plant and machinery is 25% reducing, and depreciation on furmiture and fittings 10% straight line 4. Depreciation on motor vehicle 20% straight line and apportioned to factory and office in the ratio of 3:1 5. In 6. Provision tor bad debts 3%. 7. Taxation rate at 30% Required a) Manufacturing account b) Income Statement c) The Statement of Financial position