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Departmental Trading Account 2003

This document shows the departmental trading account for two departments X and Y for the year ending 2003. It lists opening stock, purchases, carriages, wages, transfers, returns, closing stock and gross profit for departments X and Y.

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Fardeen Khan
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5 views2 pages

Departmental Trading Account 2003

This document shows the departmental trading account for two departments X and Y for the year ending 2003. It lists opening stock, purchases, carriages, wages, transfers, returns, closing stock and gross profit for departments X and Y.

Uploaded by

Fardeen Khan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

DEPARTMENTAL TRADING ACCOUNT

DR for the year ended 31/12/2003


X Y X
RS RS RS
To oprning stock 20,000.00 12,000.00 By sales 140,000.00
"purchases 92,000.00 68,000.00 "transfer of purchased goods 8,000.00
"carriages 2,000.00 2,000.00 "transfer of finished goods 40,000.00
"wages 12,000.00 8,000.00 "return of finished goods 7,000.00
"transfer of purchase goods 10,000.00 8,000.00 "closing stock:
"transferred of finished goods 35,000.00 40,000.00 purchased goods 4,500.00
"return of finished goods 10,000.00 7,000.00 finished goods 24,500.00
"gross profit 42,500.00 42,000.00 NIL
223,500.00 187,000.00 223,500.00
CR
Y
RS
112,000.00
10,000.00
35,000.00
10,000.00

6,000.00
14,000.00
NIL
187,000.00

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