Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Using the following information, compile the Supply and Use table and the Production
account for Bestland:
a. The agriculture sector imported Dasheen $6000 and 50% is used by the farmers.
b. Household purchased 10% from the agriculture sector while the Manufacture sector
purchased 30% to produce Dasheen Chips. A production tax of $440 was applied to
the manufacturing sector
c. The remaining percentage was bought evenly by the tourism and the private sector.
d. Wages paid to workers in the manufacturing sector $700
Goods Favorland purchased chips from Bestland worth $2000
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Transcribed Image Text:Using the following information, compile the Supply and Use table and the Production account for Bestland: a. The agriculture sector imported Dasheen $6000 and 50% is used by the farmers. b. Household purchased 10% from the agriculture sector while the Manufacture sector purchased 30% to produce Dasheen Chips. A production tax of $440 was applied to the manufacturing sector c. The remaining percentage was bought evenly by the tourism and the private sector. d. Wages paid to workers in the manufacturing sector $700 Goods Favorland purchased chips from Bestland worth $2000
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