Accountancy, asked by shajithakiruba2405, 4 months ago

X Ltd. has a retail branch at Madras. Goods are sold to customers at cost plus 100%
The invoice or wholesale price is cost plus 80%. From the following particulars
, find
out the profit made at Head Office and at Madras Branch for the year ended 31.12.95.
H.O. Madras
Rs.
Rs.
Stock on 1.1.95
4,50,000
Purchases
43,00,000
Goods sent to branch (at invoice price) 19,08,000
Sales
57.06.000 19,00.000
Sales at Head Office are made only on wholesale basis and that at branch only to
consumers.
20600​

Answers

Answered by Anonymous
0

Answer:

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Answered by ramyaelumalai549
0

Answer:

closing stock at H.O.Rs520000 ,N/PH.ORs.3296000 closing stock at branch Rd.198000,N/p branch Rd.190000

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