Journalise the following transactions assuming cost and financial accounts are integrated: Raw materials purchases Direct materials issued
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Journalise the following transactions assuming cost and financial accounts are integrated:
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Raw materials purchases Direct materials issued to production Wages paid (30% indirect) Direct wages charged to production Manufacturing expenses incurred Manufacturing overhead charged to production Selling and distribution costs Finished products (at cost) (Rs.) 40,000 30,000 24,000 16,800 19,000 18,400 4,000 40,000
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