Question

city 1.300: salaries 1
(vi) Provide 10% depreciation on furniture and fixtures.
1.200, commission 1.700.
(1) Revenue items to be allocated in the ratio of 2 1 as between radios and
Ignore fraction of a rupee in calculations.
lance of 1.500 sq. foet ocupued by
among stationery, books and magnes.
GHID Show room httings are to be depreciated by 10%
Paper 1.01.000 Stationery
Ans. Net Profit
71.700)
Watches * 18.233)
and Magzines.
Deptt. A
5.000
ending 31st December, 2008
Opening Stock
Purchases
Sales
Closing stock
48.000
12.000
3.00.00
2.00.000
The expenses for trading period which are ch
to the sales of that department, which were
ast
1.00.00
Rent and Rates
Sundry expenses
Salanes
8.000
3,00.000
3.50.00
3.00.00
10.00.0
3.60.000
420.000
In addition the manager of each depart.
the profit of his department after charu
Ans. Gross Profit-A Deptt 10.000
Capital
Stock (as on 1.1.08) - Paper
Stationery
- Books
Magzines
Purchases - Paper
Stationery
-Books
Magzines
Sales
- Paper
- Stationery
-Books
- Magzines
Rent
Lighting
Showroom maintenance
Showroom fittings
Sundry Debtors (for paper
Sundry Creditors
Salanes
Showroom
- whole sale business
- Showroom Cashier
General office salanes
General office expenses
Cash and bank Balance
500 a
24,000
18.000
1.80.000
10000
150.000
36.000
CASE II ASCERTAINING
Jones Bros. wholesale stores purcha
A Deptt.
B Deptt.
1,000
C Deptt.
1.20
Commencing stocks were
A Deptt. 60 articles, B Dept. 40
A Deptt. 510 artieles at
B Deptt. 960 articles at
Deptt. 1.248 articles
Assuming the percentage ra
articles, prepare department
carried to the firm's profit
12.000
11.2000
44.00
8.000
year ending 31st
financial
information
(1) Closing stock at the end was
Paper
Books
1,80,000
1.20,000
Stationery
Magzines
purchases.
Ans. Gress profit: A-40
40.000
30.000
Ans. Gross profit-Radios 51.000: Watches * 34.000 Net profit Radios 22,467
7. Samsung brothers are leading paper merchants and book sellers. Their wholesale
8. Consumer Stores carry on buses in four depar
business is in paper and their retail show room conducts business in stationery books
period the requisite normation was follows
The following balances are extracted from their books as at the end of financial year
You are requested to prepare departmental Trading and Profit & Loss Account for the
December 2008, with the help of followig additional
Deptt. 1.500. Net Profit-A-2.44​

Answer 1

Answer:

it's very tough for me

..... I am just in 8th