Individual Assignment (20%) 1- Prepare a Manufacturing account for the year ended 31 December 2017 2- Prepare a Trading account for the year ended 31 December 2017 RM 1 January 2017, Stock of raw materials 800 31 December 2017, Stock of raw materials 1,050 1 January 2017, Work in progress 350 31 December 2017, Work in progress 420 Year to 31 December 2017: Wages : Direct 3,960 : Indirect 2,550 Purchase of raw material 8,700 Fuel and power 990 Direct expenses 140 Lubricants 300 Carriage inwards on raw materials 200 Rent of factory 720 Depreciation of factory plant & machinery 420 Internal transport expenses 180 Insurance of factory buildings and plant 150 General factory expenses 1 January 2017, Stock of finished goods 3,500 31 December 2017, Stock of finished goods 4,400 Sales of finished goods 25,000 330