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(a) (i) Prepare an abridged profit and loss account to ascertain the operating profit for the year ending 31/12/2018. (ii) Prepare the cash flow statement of Jackson plc for the year ended 31/12/2018 including reconciliation statements.(b) (i) Explain wha
(2019)
(a) Calculate the overhead to be absorbed by each department showing clearly the basis of apportionment used. (b) Transfer the service department costs to production departments X and Y. (c) Calculate a suitable overhead absorption rate for each departmen
(a) Prepare the trading and profit and loss account of S. Heighway for the year ended 31/12/2019.(b) Prepare the balance sheet of S. Heighway as at 31/12/2019.
(2020)
(a) Prepare McAteer’s statement of capital on 01/01/2019 (b) Prepare an enterprise analysis account for ‘cattle and milk’ and ‘sheep’ for the year ended 31/12/2019.(c) Prepare McAteer’s general profit and loss account for the year ended 31/12/2019.(d)
The following figures have been extracted from the final accounts of Robinson plc, a company involved in the home renovation and insulation industry for the year ended 31/12/2019.
