Prepare manufacturing account and trading and profit and loss accounts for the year ended March, 2013. Manufacturing Account for the year 31st March, 2013 Dr. Cr. ` ` ` ` Particulars Particulars To Opening stock: By Closing stock: Raw materials 1,00,000 Raw materials 80,000 Semi-finished Goods 50,000 1,50,000 Semi-finished goods 1,30,000 2,10,000 To Purchases By Cost of production 8,00,000 transferred to Less : Returns 13,000 7,87,000 Trading Account 11,76,000 To Carriage on raw materials 30,000 To Manufacturing wages 1,00,000 To Factory expenses: Salary of supervisor 36,000 Rent of factory 70,000 Gas and 30,000 Fuel and coal 33,000 Factory power 1,25,000 Fire insurance 13,000 Depreciation 12,000 3,19,000 13,86,000 13,86,000
Prepare manufacturing account and trading and profit and loss accounts for the year ended March, 2013. Manufacturing Account for the year 31st March, 2013 Dr. Cr. Particulars ` ` Particulars ` ` To Opening stock: Raw materials Semi-finished Goods To Purchases Less : Returns To Carriage on raw materials To Manufacturing wages To Factory expenses: Salary of supervisor Rent of factory Gas and Fuel and coal Factory power Fire insurance Depreciation 1,00,000 By Closing stock: Raw materials Semi-finished goods By Cost of production transferred to Trading Account 80,000 50,000 1,50,000 1,30,000 2,10,000 8,00,000 13,000 7,87,000 11,76,000 30,000 1,00,000 36,000 70,000 30,000 33,000 1,25,000 13,000 12,000 3,19,000 13,86,000 13,86,000
16443-fa-pdf-1-&-2-units-.docx