Sona Ltd. has three departments -P,Q and R. From the following particulars given below, compute Departmental results:
stock as on 1-1-2017: P 30000
Q 45000
R 15000
Purchases: P 160000
Q 130000
R 60000
Actual sales: P 188000
Q166000
R 93000
Gross profit on normal sales price: P 25%
R 33.33%
Q 40%
During the year 2017 some items were sold at discount and these discounts were reflected in the above sales value. The details are given below:
sales at normal price: P 15000
Q 8000
R 6000
sales at actual price: P 11000
Q 6000
R 4000
CAclubindia
