Business, 22.06.2021 14:00 kiki2332

The following trial balance has been extracted from the books of Mr Peter Mali, a Toy Manufacturer, as at 31 December 2014. Mr. Peter Mali Trial Balance as at 31 December 2014 Dr Cr Kshs. Kshs. Stock of raw materials 1.1.2014 21,000 Stock of finished goods 1.1.2014 38,900 Work in progress 1.1.2014 13,500 Wages (direct kshs.180, 000; factory indirect Ksh.145, 000) 325,000 Royalties 7,000 Carriage inwards (on raw materials) 3,500 Purchases of raw materials 370,000 Productive machinery (cost Kshs 280,000) 230,000 Administration computers (cost Kshs 20,000) 12,000 General factory expenses 31,000 Lighting 7,500 Factory power 13,700 Administration salaries 44,000 Sales reps’ salaries 30,000 Commission on sales 11,500 Rent

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The following trial balance has been extracted from the books of Mr Peter Mali, a Toy Manufacturer,...

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