Sales of holidays at the various resorts were: Shivam Ltd has three departments D1, D2 and D3.

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Sales of holidays at the various resorts were:Shivam Ltd has three departments D1, D2 and D3. From the following particulars calculate :
1. The Departmental Gross Profit for the year ended 31st March, 2018.
2. The values of stocks as on 31st March, 2018 :

Departmental AccountsDuring the year some items were sold at discount and these discounts were reflected in the values of the sales shown above. The items sold at discount were

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Financial Accounting Volume II

ISBN: 9789387886230

4th Edition

Authors: Mohamed Hanif, Amitabha Mukherjee

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