wak and Co, has two departments P and Q. From the following particulars prepare
Departmental Trading and Profit and Loss Account for the year ended 31-03-2019:
Particulars
Department Department
P)
00)
Openitg Stock
1.00.000
Nil
Purchase
23.00.000 9,00 000
1.00.000 1,60 000
Travelling Expenses
10,000 1.40.000
Closing Stock
12.00,000 1,80,000
Sle
23,00.000 15.00,000
Printing and Stationery
20.000
16 000
The following expenses incurred for both the departments were not apportioned
between the departments
a) Salaries
72,70.000
16) Advertisement Expenses
* 90,000
78,00.000
Depreciation @ 25% on the machinery value of * 48.000
Advertisement expenses are to be a portioned in the tumover ratio, Salaries in 2-1
Fabio and Depreciation 1 : 3 ratio berween the departments Pando. General Expenses
se to be apportioned in 3. I ratio.
9 General Expenses
TAXMANN
DEPARTMENTAL ACCOUNTING
15.6
SOLUTION
MAK and Co.
Departmental Trading and Profit and Loss Account
for the year ended 31st March, 2019
Thal Particulars
Deyat P
Depl PDepto
Dayto
To OpenStock
TODDB Sale
100 320.000 By Closing Sack
100.000 TODO
Jol De 20
350.000.000
Tages
To Gris Prald
35000 100.000
2.70.000 Goods Prati
SOLO
To 1)
150.000
1000
Joe
00002
To General
0000
To Dope
3
Te Net
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