Required .

manufacturing account and income statement for the year ended 30 april 2012

QUESTION 2 The following trial balance was extracted from the books of Mali Ltd, a manufacturing company, 31 December 2010 Sh."000" Sh. -000 Inventaries as at 1 January 2010 Raw materials Finished goods Work in progress 21,000 38,900 13,500 180,000 145,000 Wages Direct- Factory 35,000 Sale of scrap raw materials Royalties Carriage inwards Purchases of raw materials Machinery (Cost Sh.280,000,000) Computers (Cost Sh.20,000.000) General factory expenses Lighting Factory power Sales Administrative salaries Sales representative salaries Commission on sales Rent 7,000 3,500 370,000 230,000 12,000 31,000 7.500 13,700 1,000 000 44,000 30,000 11,500 12,000 CPA-FINANCIAL ACCOUNTING