hello friends. please solve the department question given below. as i am unable to solve it.
Q-
The following purchases were made during the year 2004 by a business house having three departments.
Department A : 1,000 units
Department B : 2,000 units
Department C : 2,400 units
At total cost of Rs. 1,00,000
Stock on 1st january 2004 were:
Department A : 120 units
Department B : 80 uniits
Department C : 152 units
The sales during the year were:
Department A : 1020 units @ Rs. 20 each
Department B : 1920 units @ Rs. 22.50 each
Department C : 2496 units @ Rs. 25 each
The rate of gross profit is same in each case. Prepare departmental trading account for the year 2004.
please reply soon.
thanks.
CAclubindia
