Mason is a retailer selling furnishings, kitchen equipment and clothing. The following information has been extracted from his books for the year ended 30 April 2004.

Further information 

1. Mason incurred the following expenses for the year ended 30 April 2004.

2. The premises cost $800 000. 

3. Floor space occupied: 

4. Depreciation is to be calculated as follows.

5. General expenses are to be apportioned between the departments in proportion to their respective turnovers. 

Required 

Prepare departmental Trading and Profit and Loss Accounts for the year ended 30 April 2004. (Where necessary, calculations should be made to the nearest $000.)

Transcribed Image Text:

Furnishings Kitchen Clothing summalagoli long equipment andusmi C $000 $000 696 552 306 94 406 Egon 402 65 a lang tall norg$000 Sales Stock at 1 May 2003 Purchases Stock at 30 April 2004 Salaries for the year ended 30 April 2004 Fixtures and fittings at cost m at 30 April 2004 912 350 491 394222 58 342 300 002 F 200 60 200