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The following balance were extracted from the books of wiseman manufacturing com


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The following balance were extracted from the books of wiseman manufacturing company Limited on 31st December 1996 The market value of goods manufactured was 105,000, You are required to prepare the necessary accounts to show: (i) Cost of raw materials consumed (ii) Cost of Production (iii) Gross profit on manufacture (iv) Gross profit on sales (v) Net profit

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