Question

Q.6. The Trading and Profit & Loss A/c of Gopal Kishore for the year ending 31" March, is as under: -
1,60,000
1,25,000
80,000
1,75,000
1,40,000
35,000
Purchases
Transistors (A)
Tape Recorders (B)
Spare Parts for Servicing
and Repair Job (C)
Salaries and Wages
Rent
Sundry Expenses
Net Profit
Sales
Transistors (A)
Tape Recorders (B)
Servicing and Repair Job (C)
Stock on 31 March: -
Transistors (A)
Tape Recorders (B)
Spare Parts for Servicing
and Repair Job (C)
60,100
20,300
48,000
10,800
11,000
40,200
4,75,000
44,600
4,75,000
Prepare Departmental Accounts for each of the three departments A, B and C mentioned above after
taking into consideration the following: -
a) Transistors and Tape Recorders are sold at the showroom. Servicing and Repairs are carried out
at the workshop.
b) Salaries and wages comprise as follows: Showroom 3/4th and Workshop 1/4th. It was decided to
allocate the showroom salaries and wages in ratio 1:2 between departments A and B.
c) Workshop rent is 500 p.m. Showroom rent is to be divided equally between department A and
al
Shop.
d) Sundry expenses are to be allocated on the basis of the turnover of each department.
(May, 2002 & Nov, 1997)​

Answer 1

Answer:

Departmental Trading and Profit and Loss A/c for the year ending 31st March ... Spare parts for servicing and 80,000 Servicing and repair jobs (C) 35,000 ... To Purchases 1,60,000 1,25,000 By Sales 1,75,000 1, 40,000