Question

200
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0
illustration 2
X Ltd. has its H.O. in Delhi and a branch in Mumbai. H.O. supplied goods to its branch at cost plus 33/3%. From the
particulars given below prepare a Branch Trading Account in the books of H.O.
Particulars
Amount
Particulars
Amount
₹
₹
Opening Stock (I.P.)
40,000 Sales:
Goods sent to Branch (1.P.)
2,50,000 Cash
1,00,000
Return to H.O. (I.P.)
10,000 Credit
3,00,000
Discount allowed to customers
10.000
60,000
Closing Stock (I.P.)
It is estimated that 2% of the goods received are lost through natural wastage.
​

Answer 1

Answer:

Ltd. has its H.O. in Delhi and a branch in Mumbai. H.O. supplied goods to its branch at cost plus 33/3%. From the

particulars given below prepare a Branch Trading Account in the books of H.O.

Particulars

Amount

Particulars

Amount

₹

₹

Opening Stock (I.P.)

40,000 Sales:

Goods sent to Branch (1.P.)

2,50,000 Cash

1,00,000

Return to H.O. (I.P.)

10,000 Credit

3,00,000

Discount allowed to customers

10.000

60,000

Closing Stock (I.P.)

Answer 2

Explanation:

give answer of above question