Accountancy, asked by Anonymous, 2 days ago

prepare manufacturing account​

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Answered by AllenGPhilip
28

Answer:

Explanation:

Important notes

  1. opening stock of finished goods comes under the debit side of Trading Account
  2. Sales comes under the Credit side of Trading Account
  3. Office expense [ indirect expense ] Debit side of Profit and Loss account
  4. Closing stock of Finished goods comes under the Credit side of Trading Account
  5. Raw material consumed = Opening stock of raw materials + Purchase of raw materials - Closing stock of raw materials

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