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CSEC Principles of Accounts · January 2013 · Paper 2 · Question 5(a)

GlenRoy Enterprises comprises Glen Co. (fruit juices) and Roy Co. (dried fruit packaging). End of year balances at 31 December 2012 are provided, along with notes on shared electricity (10 400) and rent (47 000), and 10% depreciation on cost.

Prepare the Manufacturing Account of Glen Co. for the year ended 31 December 2012 showing clearly the cost of raw materials consumed, prime cost, factory overheads, and cost of production.

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  1. 5(b)Prepare the Income Statement (Trading and Profit and Loss Account) of Roy Co. for the year ended 31 December 2012 showing clearly the cost of sales and total…[10 marks]

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