Question

Rs.
43,000
25,000
Dept. 11
5,400
2,200
The following information is given by Balan, a merchant, for the year ended
31-12-1096
Rs.
70.000
Sales: Dept 1
Purchases: Dept. 1
30,000
Dept. 11
Stock (1-1-96)
Dept. /
3.400
Salary
Dept. 11
1.100 Commission
Debtors
23.000 Advertisement
Office furniture
1.080
Bank charges
Rent
1.800 Stationery
Insurance
2,400 Wages
Provide depreciation at 10% on furniture. Bad debts Rs. 300. Create 10% provision
for discount on debtors. Stock position on 31-12-1996: Dept. I Rs. 4,000 and Dept.
Il Rs. 1.680
From the above information, prepare the departmental trading and profit & loss
account. Expenses are allocated on the basis of sales.
5,800
120
2,700
10.000​

Answer 1

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Answer 2

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