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  • BAE

Prepare a Cost of Goods Manufactured Statement and a corrected Income Statement for the year

Required: a) Prepare a report for Cam Rollins outlining the errors he has made and the what the correct treatment should have been. (showing in a table may be appropriate) b) Prepare a Cost of Goods Manufactured Statement and a corrected Income Statement for the year. You must use Excel to prepare these statements. c) Based on your review of Twister Pty Ltd, recommend whether the bank should extend the bank overdraft facility to Twister Pty Ltd. Give supporting reasons for your decision and what additional reports/information the bank may request to assist in its decision. Ensure all references resulting from any research you undertake for this section are fully cited. (up to 500 words)

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