Part -A Question 1: The following are related transactions of ZAMMY TOY manufacturing company. Particulars Amt ($) Raw materials purchase from suppliers 21,89,000 Wages to productive workers 62,500 Stock of raw material (1-1-19) 1,95,000 Stock of raw material (31-12-19) 1,91,500 Stock of finished goods (1-1-19) 84,000 Stock of finished goods(31-12-19) 71,000 Stock of work-in-process(1-1-19) 48,000 Stock-of work-in-process(31-12-19) 45,000 Selling expense 11,400 Repair and maintenance 18,000 Sales to customers 32,11,000 Freight in 21,000 Factory rent and power 2,15,000 Outward return 9,000 Wages to unproductive labour 53,750 supplies 24,000 Depreciation of plant & machinery 31,500 Direct chargeable expense 21,500 Sundry factory expenses 1,10,000 Salesman's salaries & commission 36,500 Inward return 11.500 Discount of suppliers 10,000 Office rent 22,500 Sundry office expenses 16,500 Advertisement expense 23,500 Carriage outward 12,500 Required: (a) Prepare Three statement (i) Cost of goods sold statement (ii) Cost sales statement (iii) Income statement