Question

val dorting!!
SEKTION9
Sfrom the following information prepare departmental trading, profit and
loss account for the year ending 31.3.2007
SI.No.
Particulars
Amount
1. Opening Stock
Dept X
25,000
Depty
40,000
Purchases
Dept X
1,00,000
Dept Y
80,000
3 Wages:
Dept X
15,000
Dept Y
10,000
Sales:
Dept X
2,25 000
Depty
1,50,000
5. Office salaries
1,20,000
6. Office Rent
1,50,000
7 Discount allowed
7,200
8. Discount received
7,200
Other information:
Stock of goods on 31-3-2007. Dept X Rs.85,000; Dept Y Rs.20,000
2. Office staff: Dept X-10 persons; Dept Y-5 persons
13. Area occupied: Dept X-100 sq.ft: Dept Y-60 sq.ft
Depreciation on furniture worth Rs. 30,000 at 10% and plant worth
Rs. 2,00,000 at 5% to be distributed equally between two departments
Hinter departmental transactions: X to Y Dept. Rs.40,000 which is not
Included in the above information,
Exclude inter-departmental transactions for calculation of ratio​

Answer 1

Answer:

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