Really Limited operates a cost accounting system, which is fully integrated with the financial accounts. As the chief management accountant of Really Limited, it is your duty to prepare the months accounting records each month.

You are presented with the following information for the month of April 2019: R Stores ledger control account (Opening balance) 34 175 Work in progress control account (Opening balance) 49 210 Finished goods control account (Opening balance) 44 164 Material purchased on credit 86 150 Material issued to production 76 350 Material issued to factory maintenance 13 280 Material issued between batches 11 450 Selling and distribution overhead incurred 15 240 Other production overheads incurred 37 650 Cost of finished goods sold 129 830 Physical stock value of work in progress at the end of the month 34 360 The total overheads amount was transferred to production on the 30 April 2019. Really Limited require their sales to be based on cost of sales plus 20%.

Required: Prepare the following general ledger accounts for the month ended 30 April 2019: 5.1 Stores ledger control account. (3 mark) 5.2 Work in progress control account. (3 mark) 5.3 Finished goods control account. (3 mark) 5.4 Production overhead control account. (3 mark) 5.5 Profit and loss account. (3 mark) All entries to the accounts should be rounded to the nearest whole number. Clearly show any workings supporting your answer, and accounts must be closed off.