Maurice Tutor

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Category > Management Posted 22 Nov 2017 My Price 6.00

E. Wilson

E. Wilson is a manufacturer. His trial balance at 31 December 2017 is as follows:

Prepare the manufacturing account and statement of profit or loss for the year ending 31 December 2017 and a statement of financial position as at that date. Give effect to the following adjustments:

1 Inventory at 31 December 2017; raw materials £14,510; finished goods £44,490. There is no work-in-progress.

2 Depreciate machinery £3,000; office equipment £600; van £1,200.

3 Manufacturing wages due but unpaid at 31 December 2017 £550; office rent prepaid £140.

 

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Maurice Tutor
(5)
Status NEW Posted 22 Nov 2017 11:11 PM My Price 6.00

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