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Illustration 3
Bansal of Agra has a branch in Bhopal. Prepare Bhopal Branch Account in the books of Bansal from
the following particulars :
₹ F
Opening Stock 1.4.2015
8,000
Goods supplied to Branch
80,000
Expenses paid by Head Office :
Wages
500
Salaries
600
Other Expenses
900 2,000
Exps. paid by the Branch:
Petty expenses
hid
300
Carriage
500
800
Cash Sales by branch
1,10,000
Petty Cash on 31st March, 2016
500
Closing Stock on 31st March, 2016
3,000
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Explanation:
please refer to attachment
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