Q.From the following particulars, prepare a combined manufacturing & trading account of M/s Jain for the year ended 31.12.14 Particular AMOUNT Particular AMOUNT () Works managers salary Import Duty Purchase of finished Opening stocks A/c 5,000 12,500 Raw material A/c Work in Progress A/c Finished Goods 35,000 15,000 60,000 goods Raw material returned 40,000 10,000 Purchase of raw materials 2,00,000 Closing Stock 25,000 12,500 1,00,000 1,15,000 4,50,000 5,000 1,000 7,500 13,000 30,000 1,500 Raw Materials Work- in progress Finished Goods Wages Sales Return Inward Carriage inward Depreciation on plant Fuels and Power Factory Rent Factory Lighting
Q.From the following particulars, prepare a combined manufacturing & trading account of M/s Jain for the year ended 31.12.14 Particular AMOUNT Particular AMOUNT () Works managers salary Import Duty Purchase of finished Opening stocks A/c 5,000 12,500 Raw material A/c Work in Progress A/c Finished Goods 35,000 15,000 60,000 goods Raw material returned 40,000 10,000 Purchase of raw materials 2,00,000 Closing Stock 25,000 12,500 1,00,000 1,15,000 4,50,000 5,000 1,000 7,500 13,000 30,000 1,500 Raw Materials Work- in progress Finished Goods Wages Sales Return Inward Carriage inward Depreciation on plant Fuels and Power Factory Rent Factory Lighting
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Q.From the following particulars, prepare a combined manufacturing &
trading account of M/s Jain for the year ended 31.12.14
Particular
AMOUNT
Particular
AMOUNT
()
Works managers salary
Import Duty
Purchase of finished
Opening stocks A/c
5,000
12,500
Raw material A/c
Work in Progress A/c
Finished Goods
35,000
15,000
60,000
goods
Raw material returned
40,000
10,000
Purchase of raw materials 2,00,000
Closing Stock
25,000
12,500
1,00,000
1,15,000
4,50,000
5,000
1,000
7,500
13,000
30,000
1,500
Raw Materials
Work- in progress
Finished Goods
Wages
Sales
Return Inward
Carriage inward
Depreciation on plant
Fuels and Power
Factory Rent
Factory Lighting
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