Year 10 - Accounts - 6.5.14

Thai Sikh International School

E-Learning Programme – Online Assignment –  06/05/2014

Name:                                                                                     Subject:  Accounting

      Year   :  10 A/B                                                                      Week No. :  07                      

1. Some of the balances in the books of Kapoor and co. On 31 December 2009 are as follows.     

                                                                                                    $

Stocks at 1 January 2009- raw materials                            15000

                                      -Work in progress                                20000

Purchases of raw material                                                      114000

Direct Labour                                                                               80000

Indirect Labour                                                                            4000

Carriage inwards                                                                         3000

Factory rent                                                                                  15000

Factory electricity                                                                       6000

Depreciation of factory machinery for the year            11000

Further information                                                                            $

1. Stocks on 31 December 2009 were -- raw materials             18000

                                      -Work in progress                                      23000

   2. On 31 December 2009 factory rent paid in advance was $ 3000 and $ 1000 was owing for electricity.

Prepare the Manufacturing Account of Kapoor and Co for the year ended 31 December 2009.

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