QUESTION Mix Rice owns and manages a small riarufactoring business. The following balances have been extracted from her books of account at 31 January 2016: D Sh Sh. Capital al I February 2015 171,1 10 Accounts payable 46 000 Bark and rich balance 5,400 Accounts receivable 92,000 Onwings 60,000 Administration expenses 150.360 Advertising expersis 12,000 60,000 Factory indirect wipes 24,000 Fueliny poutt 36,000 Furniture and for mys (all offices) 18,400 Heat and light 16,COD Place and equipment 276.800 Motor vehicle (used by silearies) 1 44,000 Place hire 4,080 Provision for bad debts 3,100 Provision for depreciation 1 Febeany 2015- Fumiture and fillings 9.200 Plant and equipment 136.400 - Motor vehicle 24,000 Raw material purchases 225.000 Rest rules 20 000 828.440 Selling and distribution expenses 66 400 Inventories of cool, 1 February 2015. For materials Work in progress 16,OOD Finished goods 24,000 L.161.160 The following additional information is provided (i) Accruals at 31 January 1016 were | Factory power Sh.1,600 Rest and malex Sh. 4,000 There was also prepayment of Sh. E10 for lesmen's moker vehicle insurance. (ii)laventaries at 31 January 1016, were valued at out in follows Raw material Sh. 15,100 Work in progress Sh. 30,410 Finished porels Sh. 45,600 (iiis Depreciation is in be charged on plant and equiprical, motor vehicle, furniture and firings at the miles of 10%, 15%% and LOP per annum respectively on cost. (ivy Expenditure on head and light, and rent and miles is to be apportioned between the factory and office in the milio of + in I and 3 in 1 respectively. (V) The provision for had debts is to be made equal to 5%% of accounts receivable at 31 January 216. Required: Prepare Mrs Rose's man facturing, trading and income account for the year ended 31 January 2016