Question

Mr. Vivek undertook a contract for the construction of building on 1st January, 2013, the contract
price being * 15,00,000.
The following details are available for the year 2013 :
₹
Materials purchased
2,40.000
Materials issued from stores
3.00.000
Labour employed on site
90.000
Plant installed on site
1,20,000
Direct Expenses
60,000
Proportionate establishment charges
15,000
Cash received (80% of work certified)
6,00.000
Work un-certified
1,50,000
Materials returned to stores
15,000
Materials in hand at the end
6,000
Wages outstanding
18,000
Direct expenses accrued
24,000
Prepare the Contract Account and show the amount that would appear in the Balance Sheet. A part
of plant costing 20,000 was stolen at the beginning of the year and the Insurance Co. paid
12,000. Plant is depreciated @ 20% p.a.
​

Answer 1

Answer:

ঠিক আছে কিনা সে বিষয়ে কিছু জানা যায়নি ।

Answer 2

Answer:

how to solve

Explanation:

yes i want explanation