You are given the following particulars of a business having three departments: Additional information: (i) Purchases were
Question:
You are given the following particulars of a business having three departments:Additional information:
(i) Purchases were made at a total cost of ₹92,000.
(ii) The rate of gross profit is the same in each case.
(iii) Purchases and sales prices are constant for the last two years.
Prepare Departmental Trading Account for the year 2018.
Transcribed Image Text:
Particulars Department A Department B Department C Purchases 1,000 Units 2,000 Units 2,400 Units Opening Stock 120 Units 80 Units 152 Units Sales 1,020 Units @ 20 each 1,920 Units @ 22.50 each 2,496 Units @ 25 each
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Related Book For
Financial Accounting Volume II
ISBN: 9789387886230
4th Edition
Authors: Mohamed Hanif, Amitabha Mukherjee
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