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BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590 BPR Limited keeps books on Integrated Accounting System. Following balances appear in the books as on April 1, 2018 : Cr. ($) Stores Control A/c Work-in-Progress A/c Finished Goods A/c Bank A/c Creditors A/c Fixed Assets A/c Debtors A/c Share Capital A/c Provision for Depreciation A/c Provision for Doubtful Debts A/c Factory Overheads Outstanding A/c Pre-Paid Administration Overheads A/c Profit & Loss A/c Direct Wages Indirect Wages Purchase of Materials (on credit) Materials issued to Production Materials issued for Repairs Goods Finished during the year Dr. ($) 40,950 38,675 52,325 3,17,100 The transactions for the year ended March 31, 2019 were as given below : $ 1,97,925 11,375 (at cost) Credit Sales 1,47,875 27,300 9,975 Production overheads Outstanding at the end of year 2,27,500 Administration Overheads paid 2,50,250 4,550 during the year Selling Overheads Incurred Payment to Creditors Payment received from Debtors 22,750 18,200 Outstanding at the end of year Provision for Doubtful Debts at the end of the year 1,82,000 11,375 3,725 6,250 72,800 3,17,100 $ 7,775 4,89,125 Cost of Goods Sold 6,82,500 Depreciation of Machinery 5,00,500 Administration Overheads 1,09,200 Production Overheads Absorbed Production Overheads paid during 91,000 the year Required: Write up Accounts in the Integrated Ledger of BPR Limited and prepare a Trial Balance. 27,300 31,850 2,29,775 6,59,750 14,789 2,225 4,590
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Answer 1 Stores control Account To Balance bld 40950 B... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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