Geeta owns a shoe shop. The shop has three departments: ladies', men's and children's. Information extracted from Geeta's books for the year ended 31 March 2004 is given:

Other balances at 31 March 2003:

Further information

Advertising is to be apportioned on the basis of departmental sales. 

Administration is to be apportioned in the ratio of departmental staff numbers. 

Managers are entitled to a commission of 5% of their departmental profit after charging the commission.

Required 

Prepare Geeta's Departmental Trading and Profit and Loss Account for the year ended 31 March 2004.

Transcribed Image Text:

Sales Stock at 1 April 2003 Purchases Stock at 31 March 2004 Wages1065 Ladies' $ 100 000 14 000 FO 50 000 18 000 20 000 Men's $ 120 000 17 000 63 000 22 000 20 000 2 Children's $ 80 000 15 000 42 000 4 000 12 000