Andrew and Susannah are the joint owners of a store which is divided into three departments:

Clothing (C), Electrical goods (E), and Furniture (F). The following balances have been extracted from the books as at 30 Nov. 19_3:

(1) Closing stocks are: (C) 19 700, (E) 10 800, (F) 12 400.
(2) There is an accrued expense of £200 in respect of light and heat at 30 November 19_3.
(3) General office salaries and sundry expenses are to be divided equally between the departments. Other expenses are to be divided according to floor areas, as follows:
(C) six-tenths; (E) three-tenths; (F) one-tenth (4) Andrew and Susannah share profits in the proportion 3:2 respectively.
The partnership agreement provides for interest on their capitals at 5%
per annum. The capital accounts are as follows:

Required:

(a) Prepare the departmental trading and profit and loss accounts (in columnar form) for the year to 30 November 19_3.

(b) Prepare the partnership appropriation account for the year to 30 November 19_3.

(c) The owners of the store are considering whether or not to open a cafe in the store. Preliminary budgets indicate that a loss of £10 000 may occur in the first year of operation.
What other factors may influence the owners when deciding whether or not to open the cafe?

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Dr Cr Purchases (C) 49 580 (E) 44 630 (F) 42 500 Wages (C) (E) (F) 16 200 12 050 10 000 General office salaries 12.000 Rent and rates 3.800 Buildings insurance 700 Repairs to premises 170 Lighting and heating 1070 Sales (C) 81 750 (E) 79 300 (F) 62 100 Telephone Sundry expenses Opening stocks (C) 740 4 500 7 500 (E) (F) 6 250 4 800