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Ruiru Brothers, a manufacturing company, produces the following balances from its books at 30 September 2020 Skecher 2010 Ramil Worki potey.com Tahlata) 12.10 Much 30
Ruiru Brothers, a manufacturing company, produces the following balances from its books at 30 September 2020 Skecher 2010 Ramil Worki potey.com Tahlata) 12.10 Much 30 Perhe DES Ride Claude LIS SNO Lichthead Direct Was Indie Ware Tidsbe 13 1410 2015 LE synes Sales are Mantrades Pour de plant may her 2009 Daddies Sale For 7215 os Post for depreciation of furniture & Factory ber Additional information: (1) Closing stocks at 30 September 2020 are as follows: San w World nished 15.325 (2) Prepayments at 30 September 2020- sar 320 (3) Accruals at 30 September 2020- Telephone le at a tie (4) At 30 September 2020, depreciation is to be provided as follows: Per your Plant Fundit 10 (5) Expenses are to be apportioned to the factory as follows: 501 S 1174 Telephone Lightbeat and power (6) It is the policy of the company to transfer goods manufactured to the warehouse at factory cost plus 15% Required: a) Prepare in vertical format, Manufacturing and statement of profit or loss for Jim Brothers for the year ended 30 September 2020 (10 Marks) b) The information in cash flow statements if used with information on other financial statements can prove useful to various users. Explain any five benefits external users can generate from assessment of the same. (5 Marks) c) Add a question for 5 marks Ruiru Brothers, a manufacturing company, produces the following balances from its books at 30 September 2020 Skecher 2010 Ramil Worki potey.com Tahlata) 12.10 Much 30 Perhe DES Ride Claude LIS SNO Lichthead Direct Was Indie Ware Tidsbe 13 1410 2015 LE synes Sales are Mantrades Pour de plant may her 2009 Daddies Sale For 7215 os Post for depreciation of furniture & Factory ber Additional information: (1) Closing stocks at 30 September 2020 are as follows: San w World nished 15.325 (2) Prepayments at 30 September 2020- sar 320 (3) Accruals at 30 September 2020- Telephone le at a tie (4) At 30 September 2020, depreciation is to be provided as follows: Per your Plant Fundit 10 (5) Expenses are to be apportioned to the factory as follows: 501 S 1174 Telephone Lightbeat and power (6) It is the policy of the company to transfer goods manufactured to the warehouse at factory cost plus 15% Required: a) Prepare in vertical format, Manufacturing and statement of profit or loss for Jim Brothers for the year ended 30 September 2020 (10 Marks) b) The information in cash flow statements if used with information on other financial statements can prove useful to various users. Explain any five benefits external users can generate from assessment of the same. (5 Marks) c) Add a question for 5 marks
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