Ap tech group co ltd deals with mechanical maintenance and general supply. for the year ending 2020,
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Question:
.material cost 900000Tsh utilities 700000Tsh labour charge 1000000Tsh
.Rent 700000Tsh marketinng 93700Tsh.Transportation 185300Tsh
.machine depreciation 434500Tsh after-sales service 53500Tsh
.And during profit planning 65%retained in the capital at the end of the year AP TECH GROUP was having cash 2100768Tsh and equipment 1027026Tsh Account payable was total annuity for 12 months of the year
.capital(at the beginning of the month)571093Tsh account receivable 1740768Tsh inventory 1798568Tsh
.prepaid insurances 112000Tsh
from the data above calculate
(i)interest
(ii)future value
(iii)monthly annuity
(iv)income statement
(v)retain earning statement
(vi)balance sheet
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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