1,00,000
2. Trading and Profit and Loss Account of a concern having three departments is as follows
for the year ending 31.3.2020:
Purchases :
₹
Sales :
(A) Televisions
1,40,700 Televisions (A)
1,50,000
(B) Radios
90,600 Radios (B)
(C) Spare parts for service 64,400 Receipts from Servicing (C)
25,000
Salaries and Wages
48,000 Closing Stock :
Rent
10,800 Televisions (A)
60,100
Sundry Expenses
11,000 Radios (B)
Profit
34,500 Spare Parts (C)
4,00,000
4,00,000
20,300
44,600
Prepare Departmental Accounts for the Departments A, B and C taking into account
the following information :
(a) TV and Radio are sold in the shop and servicing is done in the workshop.
(6) Salaries and Wages comprise the following:
Shop 3/4 ; Workshop 1/4.
It was decided to allocate shop salaries and wages in the ratio of 1:2 between A and
B.
(c) Workshop rent is 500 per month. Rent of the shop is divided equally between A and
B.
(d) Sundry Expenses are to be distributed on the basis of turnover of each department.
А
B
C
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